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Necesitas Saber

Información relevante sobre impuestos para expatriados de EE.UU.

Obligaciones tributarias de residentes de ciudadanos estadounidenses en España

Como ciudadano estadounidense o titular de la tarjeta verde, tiene al menos dos obligaciones fiscales diferentes en España y otras dos en los Estados Unidos.
Como ciudadano de los EE. UU. Debe presentar, en EE. UU., El Formulario 1040 (Impuesto federal a la renta) cada año, si su ingreso mundial bruto es de al menos $ 4,050 (casado que presenta la declaración por separado) o $ 10,350 (individual). También debe presentar ante el IRS el FinCEN 114 o FBAR (Informe de cuenta bancaria extranjera).

 

Procedimiento simplificado de presentación de declaraciones para contribuyentes estadounidenses que no están al día

El procedimiento simplificado de presentación de declaraciones para los contribuyentes que no están al día, descrito a continuación, está disponible para los contribuyentes que certifiquen que su incumplimiento en declarar activos financieros extranjeros, presentar las declaraciones de renta y pagar todos los impuestos debidos no fue el resultado de una conducta incorrecta y deliberada por su parte.

¿Autónomo o sociedad limitada en España?

Siempre hay un primer momento en el que se decide empezar un negocio por tu cuenta y riesgo, y la pregunta es siempre qué forma jurídica tiene más ventajas tributarias y menores costes económicos; ¿empiezo de autónomo o monto una sociedad? Se trata deuna de las preguntas más frecuentes a la hora de emprender, y la respuesta es muy relativa.La decisión final conviene meditarla con la ayuda de un experto

 

Tratados para evitar la doble imposición entre España y los EE.UU.

 

El primer tratado sobre el impuesto a la renta entre los Estados Unidos y España y el Protocolo correspondiente se firmaron el 22 de febrero de 1990; que es el Convenio entre los Estados Unidos de América y el Reino de España para evitar la doble imposición y la prevención de la evasión fiscal con respecto a los impuestos sobre la renta. La Convención consta de 30 artículos y un protocolo que contiene 20 disposiciones.

Preguntas Frecuentes

Form 1040. Do I have to file an individual tax return in the U.S.A.?

Yes, if you are U.S. Citizen or Green Card holder, you are required to file US taxes in the U-S every year, with the Form 1040, wherever in the world you live, if you earn over $10,000, or just $400 of self-employment income; regardless of where their income is earned, where in the world they live, whether the US has a tax treaty with that country, or whether they also pay foreign taxes.

Form 1040. Can I take any exemptions?

There are some IRS exemptions just for expats that allow them to reduce or in most cases eliminate their US tax liability completely (although they still have to file a US return to claim these exemptions).

1040. Can I take Foreign Tax Credit?

Expats who pay foreign taxes meanwhile may benefit from claiming the Foreign Tax Credit, which gives a $1 tax credit for every dollar of tax paid abroad. If you pay foreign taxes at a higher rate than the US rate, then they will have excess credits left over that can be carried forward for use in subsequent years.

IRS Delinquent filers. Is there any kind of Amnesty for those Americans that have not filed in the past, neither the Individual Tax Return (1040) nor the FBAR?

Expats who have been living abroad but not filing US taxes because they weren’t aware that they were meant to can catch up without facing any penalties using an IRS amnesty program called the Streamlined Procedure. To catch up using the Streamlined Procedure, expats must file their last 3 tax returns and lasts 6 FBARS (as applicable), pay any back taxes owed (often none, once they claim any of the exemptions), and self-certify that their previous non-compliance was non-willful.

IRPF. If I lived in Spain more than 183 days, last year. Do I have to file the IRPF in Spain?

Yes, you are required to file the Spanish IRPF reporting worldwide income of the entire year, except if your earned income is less that € 22,000 (€ 12,000 if more than one payer), or your passive income is lower than € 1,000.

Expats who live in a foreign country will also have to comply with the tax rules of that country. These vary from country to country, so it’s definitely worth consulting a qualified accountant in your country of residence to see whether you need to file and pay taxes there too, given your circumstances.

When do I have to file Modelo 720?

You are required to file the Modelo 720 if you are Spanish resident and you own assets abroad whose balance as of 31 December exceeds €50,000.

Modelo 720. Once the first declaration of Form 720 corresponding to a fiscal year has been filed, must it be filed again each year? With regard to what information should it be filed again?

Once Form 720 has been filed about one or more of the disclosure obligations in it, this Form should only be filed again when, in relation to one or more of these obligations, there is an increase of the overall limit established for each information block above 20,000 euros compared with what the last declaration determined.

Form 1040. When is the due date for me to file taxes?

The due date is April 15th, expats have an automatic filing extension until June 15th, with a further extension available until October 15thupon request.

All Americans who earn over $10,000, or just $400 of self-employment income are required to file, regardless of where their income is earned, where in the world they live, whether the US has a tax treaty with that country, or whether they also pay foreign taxes.

Can I take Foreign Earned Income Exclusion, Form 2555?

The most commonly used exemption for expats is called the Foreign Earned Income Exclusion, which allows expats to exclude the first $102,100 (the 2017 figure) in earned income from US tax liability. Only in earned income! Expats must first prove that they live abroad using either the Bona Fide Residence Test (showing that they are a permanent resident in another country), or the Physical Presence Test (showing that they spent at least 330 days outside the US in a year).

FBAR. Do I declare my foreign financial accounts?

U.S. Citizens and Green Card holders who have over $10,000 in total in foreign bank or investment accounts at any time during the year are required to report all their foreign accounts by filing a foreign bank account report (FBAR), or FinCEN 114. It’s important not to neglect this requirement, as penalties for not filing an FBAR when you are particularly steep ($ 10,000), even if you weren’t aware that you were supposed to. FBARs are filed online to FinCEN (Financial Crime Enforcement Network).

IRPF. Do I have to file taxes in Spain if I was Non-Resident?

Yes, you are required to report and pay 24% taxes over your income which source was Spain

Do I have to file Modelo 720, in Spain if I was Non-Resident?

No, you are required to file the Modelo 720 from January 1stto April 30thof the following year if you were fiscal resident of Spain.

Modelo 720. If a person or entity is required to file information return form 720 for accounts in financial institutions abroad, for securities, rights, insurance and income deposited, managed and earned abroad, and for properties located abroad and for rights relating thereto, can the same form be used to declare all three groups of assets?

Yes, each one of the three groups of assets represents a different reporting obligation, but the three reporting obligations are expressed using the same information form. As a result, the three reporting obligations are complied with using Form 720, where taxpayers must report all assets and rights for which there is an obligation to report.

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