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Search: Posts Made By: Pulaski
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Forum: Moving back or to the UK
Mar 22nd 2017, 3:18 pm
Replies: 12
Views: 3,631
Posted By Pulaski

Re: US/UK dual Citizen capital gains tax

Neither, one is a credit against the other. If the one you have to pay first is greater, you'll owe nothing for the second tax computation. If the first one is smaller, you'll have to pay the...
Forum: Moving back or to the UK
Mar 21st 2017, 11:51 am
Replies: 12
Views: 3,631
Posted By Pulaski

Re: US/UK dual Citizen capital gains tax

Both (as Boris Johnson discovered, even if the UK doesn't charge CGT, the US does globally on its citizens), with a credit of one against the other, so you effectively pay the higher rate.
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