Showing posts with label Maryland. Show all posts
Showing posts with label Maryland. Show all posts

Monday, May 12, 2008

We like to donate to the state of Maryland.

So much so, we'll continue to give from Switzerland.

Apparently, Maryland is one of the few states that taxes expatriates. Taking up residence in a foreign country for a few years and earning money in a foreign currency doesn't mean squat to them. Since our stay in Switzerland is dependant on Brian's job, the state of Maryland says we can't officially establish a domicile in Switzerland.

Details.

So, naturally, we wonder: hey, will we have to pay Swiss taxes? And the answer is yes.

However, we won't have to pay federal taxes, or at least will be paying significantly less than we would if we were living in the US. Thank you Uncle Sam! Enjoy our money Governor O'Malley.