I run a costa rican buisiness renting houses for vacations. Basically all the clients are from the US, and I would like to be able to offer them the option of paying by PayPal.
Paypal will let me set up an account for my costa rican business, but will only allow me to withdraw the funds to a US bank account.
Assuming I can set up a US bank account, or get a friend to receive the money into their account in the US, will the US taxman then want to tax this money as if it was a US business?
Or can I simply transfer the money to my Costa Rican account without having to declare it to the US taxman?