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Taxes in Barcelona

7 months ago
According to this tax calculator, the effective tax rate in Barcelona is something like 50% for us! https://es.icalculator.com/

1. Is that correct? Seems awefuly high
2. Coworker tells me there's the Beckman Law that we can apply for to reduce taxes to 24%. Anyone use this as a US citizen? It's not clear if in the US, it invalidates the double tax laws.
3. What do those high taxes pay for? Healthcare? Pension? University for kiddos?

Balcells Group Lawyers
Balcells Group Lawyers
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Balcells Group Lawyers
Balcells Group Lawyers

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