[ Offshore Tax ] Social Security and the Totalization Agreement скачать в хорошем качестве

[ Offshore Tax ] Social Security and the Totalization Agreement

[ Offshore Tax ] Social Security and the Totalization Agreement    • [ Offshore Tax ] Social Security and the T...   If you need #InternationalTax advice? We are here... Here are 4 ways we can help you - 1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options. 2. We help you MODEL the tax impact of moving to a new jurisdiction 3. CONTACT us for tax optimization consults over Zoom 4. High Net Worth? We can QUOTE for doing your "US - International" tax returns DERREN JOSEPH: So, is there an agreement between Portugal, which in Portugal, in the US where regards to social security for self-employed people? So, this person is saying I stopped paying self-employment tax. When I began working here in Portugal and paying social security only in Portugal, not in the US. So again, this is a relatively straightforward one, but there's a totalization agreement between the United States and Portugal. In fact, there’s a totalization agreement between the US and most Western European nations, which means that you’re not, and you're not required to pay social security contributions twice. And if it is that you are residents in Portugal, which I assume that you are, you should be paying into Portugal. Whoever's doing your US return will make a note on the return. Especially if you have Schedule C income, or you have K1 that may trigger self-employment tax, they should make a note on the return invoking their totalization agreement and letting the IRS know that social charges are being paid in Portugal. So, they're not required to be paid into the United States. So, for once we have a straight following question, all right. VOICE-OVER: Please subscribe, like, share and comment below. Our books and upcoming events are available at HTJ.tax. Email us at help@htj.tax to engage us to advice on international tax or business matters. #HTJpodcast #internationaltax #taxplanning #financialplanning #taxes #compliance #AdaptOrDie #internationalbusiness #offshore #expats #investors #offshore #liveyourbestlife #flagtheory #InternationalEntrepreneur #entrepreneur