As I understand it, as a retired US person, Spain taxes my worldwide income (social security, pension and if I were to sell my house in the US, capital gains).
Is all of that tax written off against my US tax obligation so it essentially zeros out?
Have heard a variety of answers to that question - does someone have the definitive answer?
Gracias
US and Spain Taxes for US Expat
John98103
30 November 2018 00:25:15
43
Johncar
30 November 2018 07:48:07
1410
John
May I suggest you check out the double taxation agreement between Spain and USA
I found this which might help you to find the answers :-
https://www.irs.gov/pub/irs-trty/spain.pdf
LegalEagle
05 December 2018 08:34:53
0
Taxation can be quite complex and the rules interpreted differently even by the individuals working at the tax authorities. Generally if you are a small fish the authorities will not be too interested in digging deep into your affairs. But if you are a big fish, depending which tax officer investigates you, they could give you a hard time and interpret things to suite themselves. The big boys use tax experts who know most tricks in the book.
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