US and Spain Taxes for US Expat

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John98103 Active member

Member since 08 December 2015

John98103Active member29 November 2018 22:25:15

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

Johncar Spain expert

Member since 25 November 2013

JohncarSpain expert30 November 2018 05:48:07

1412

John

May I聽 suggest you check out the double taxation agreement between Spain and USA

I found this which might help you to find the answers :-

LegalEagle Guest

LegalEagleGuest05 December 2018 06:34:53

214245

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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