On Katheleen Peddicord's Live and Invest Overseas newsletter, a reader posed the question: Shouldn't Ecuador be on your list of "Super tax-friendly countries? Her answer was, "No. Ecuador taxes income worldwide."
Can any expat residents expound on that answer. For example: Does Ecuador tax United States' Social Security Income, or retirement pensions?
Katheleen's site promotes mostly Panama, much like IL's focuses on Ecuador. But this is the first I've heard about such taxes.