Recent content by Venomi
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Seeking to Reduce Tax on American Income While Staying in Home Country (Portugal)
Yes, my income is derived from commissions earned from running advertisment campaigns for a Marketing Agency so all of it should be considered personal income. And I'm not an employee but was hired as an independent contractor.- Venomi
- Post #9
- Forum: Tax, Accounting, Licensing & Legal
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Seeking to Reduce Tax on American Income While Staying in Home Country (Portugal)
If I've never filled taxes before but my tax residence is Portugal since I've been living here all my life does it count as me being taxed in Portugal?- Venomi
- Post #7
- Forum: Tax, Accounting, Licensing & Legal
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Seeking to Reduce Tax on American Income While Staying in Home Country (Portugal)
Don't think that would work for me since I've been living in Portugal my entire life and the NHR program requires that I have not resided in the country during the five years prior to applying for NHR status. Is that what you mean by "if not claimed in the last five years"?- Venomi
- Post #3
- Forum: Tax, Accounting, Licensing & Legal
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Seeking to Reduce Tax on American Income While Staying in Home Country (Portugal)
Hi everyone, After doing some rough calculations I've realized that taking the standard approach to taxation in Portugal would mean giving up nearly half of my income to the government. Naturally, I want to explore legal ways to reduce that tax burden to something more manageable. However one...- Venomi
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- Replies: 10
- Forum: Tax, Accounting, Licensing & Legal