Forgive me if this has been asked. I searched but did not find an answer.
I work full-time for a US company that allows me to work from any Schengen area country. I am thinking Portugal. I have spoken to 3 tax professionals and got conflicting answers. One appeared to know less than I do.
Based on what I read these are my own assumptions. As a Portuguese resident who is a Project Manager for a US firm, I can register for the NHR and pay 20% flat rate tax on my earnings. This would be 20% of my earnings during the periods I am in Portugal. I will be required to work five months in whichever country I am assigned each year. So I think that portion would be considered non-Portuguese sourced? Besides the taxes, would I be responsible for social security etc. in Portugal? Would I be able to take tax deductions on my Portugal taxes for expenses incurred in Portugal such as internet, etc.
I would also appreciate referral to a knowledgeable tax professional.
Thank you😊