New Business in Spain but 1 still in England
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Hola
I am considering buying a small existing business in Spain and the type of business iti is works on the modular system of tax and national insurancebut, i have a small business in England that will still be operating if i decide to go through with the purchase doe sanyone know if i will apy tax in both countries i presume i will but will it still be at both current rates in each country or will both businesses have to pay the dues in just 1 country i.e if i move to Spain will i pay tax to Spain for the engish business as well?
Thanks for any advice
Andrew
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It depends where you are resident you pay tax on international income where you live
This message was last edited by janie2003 on 14/08/2011.
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Thanks very much for that i was afraid you were going to say that as well. Do you have any experience of this or is it something you just know
Thanks Again
Andrew
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It actually international law except for US citizens where they have to pay tax on all income wherever they reside
do you rember what the eye doesnot see etc etc
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