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Old 17th August 2008, 11:28 PM
Eva33 Eva33 is offline
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Quote:
Originally Posted by Stravinsky View Post
I live in Spain
My pension in the UK will be taxed here in Spain, as is the interest on my UK based savings / investment accounts.
I assume that the situation will be the same with Switzerland but you should consult an international tax advisor
Stavinsky, you probably also have income in Spain. Since you can only be taxed in one country, you will pay taxes for all your income in Spain. I do not have income in Spain and do pay the taxes for my pension in Switzerland. There is a tax agreement between the two countries in order to avoid double taxing, and of course also tax evasion. So, since I have no income in Spain, I will not be taxable in Spain. Maybe for England this is different, I do not know. This is a rule, which does exist since a long time, for several countries, and I never heard about a change. But I still will get some official info and let you know.
Eva33
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