Under Spanish tax principles, an entity is considered fiscally transparent when the entity itself is not regarded as the taxpayer on its income and the income is instead attributed directly to its owners. Spain refers to this concept as “régimen de atribución de...
Moving to Spain can have significant tax consequences, particularly for individuals who continue to receive income or hold investments outside the country. Under the ordinary Spanish tax rules, an individual who becomes tax resident in Spain is generally subject to...
For U.S. citizens and other U.S. taxpayers living in Spain, the annual tax compliance process can be considerably more complex than dealing with the tax system of just one country. Taxpayers may have filing and reporting obligations in both Spain and the United...
Two new professionals from Florida have recently joined our team. Ana Poveda and Juan Santos, both with extensive experience in tax preparation, have joined the US Tax Consultants team from Florida. Ana Poveda has worked as an independent tax preparer specializing in...
What Every Expat and International Taxpayer Should Know About Tax Residency, Income Tax, and Worldwide Income For many expatriates moving to Spain or Portugal, one of the biggest surprises is discovering that their tax obligations may extend far beyond the country...
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