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US Expat Living in Spain, Working for a US company, Paid in USD

Jul 5, 2012 · ericmp · 3 replies · 3585 views
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Hi All. I've tried searching but haven't been able to come up with anything to helpful.

I am a US citizen and moved to Spain and will be here for 2 years for a project with my US based company. I am paid in US dollars to my bank in the US. I am taxed in the US as if I was still living there. My paychecks have not changed since I have moved to Spain. All of my financial interests are in the US. I have a bank account here with a minimal balance to pay bills. Maximum balance it reaches is typically 1000 Euros.

How can I find out information about what my tax implications will be in Spain? Will I need to pay any kind of differential? In other words, do I need to pay taxes to the Spanish government in addition to what I am paying in the US already? I am not looking for a magical formula to calculate the exact number (unless that exists of course!), but I'd like to have a rough idea of what my tax liabilities are to the Spanish government, if any.

Any help would be greatly appreciated as my company has been less than helpful.

Thank you!
E
Aug 18, 2012 · HeatherR
I have similar questions....please let me know if you hear of anything or get any contacts. I posted my thread on this topic this morning!

Heather
Sep 4, 2012 · oOo2sunshine2oOo
Hello! I am in this predicament too :) I was googling for info on this issue this morning and I ran into this webpage that might be helpful for you. http://erikras.com/2008/06/26/avoiding-double-taxation-between-spain-and-usa/

Good luck!