Top five UK issues for US taxpayers
In this flyer we explore the top five UK tax issues that we encounter when advising US taxpayers, as well as some of the common solutions:-
1.Living Revocable Trusts
2.Lack of transparency: LLCs, S-Corps and U.S./U.K. double taxation
3.U.S. businesses exposed to U.K. Corporation Tax on their U.S. profits
4.The rules on foreign ownership of U.K. real estate have changed significantly
5.Don’t forget the kids: the danger of U.S. trusts with U.K. resident beneficiaries
The flyer can be found here.