British Expats - Search Results

Search: Posts Made By: nun

Showing results 1 to 4 of 4
Search took 0.03 seconds.

Forum: USA

Jan 18th 2010, 4:16 pm

Replies: 22

US Mutual Funds unfavorably taxed - in IRA?

Views: 5,170

Posted By nun

Re: US Mutual Funds unfavorably taxed - in IRA?

It's important to understand the issues yourself, but I'd recommend you get some professional advice too. BATax.com and Towertax.com are good places to start. I think it's best to get them to do a...

Forum: USA

Jan 18th 2010, 5:32 am

Replies: 22

US Mutual Funds unfavorably taxed - in IRA?

Views: 5,170

Posted By nun

Re: US Mutual Funds unfavorably taxed - in IRA?

If you are a UK resident for tax purposes the capital gains on foreign funds (ie US mutual funds) held outside of retirement accounts are taxed as income by HMRC, which is why it might be an issue. A...

Forum: USA

Jan 14th 2010, 5:07 pm

Replies: 22

US Mutual Funds unfavorably taxed - in IRA?

Views: 5,170

Posted By nun

Re: US Mutual Funds unfavorably taxed - in IRA?

Hi JJ
I agree with your reading of the way HMRC will treat an IRA/401k etc. As US citizens we both know how the IRS will deal with the withdrawals, as income. If we have US mutual funds inside those...

Forum: USA

Jan 13th 2010, 1:58 pm

Replies: 22

US Mutual Funds unfavorably taxed - in IRA?

Views: 5,170

Posted By nun

Re: US Mutual Funds unfavorably taxed - in IRA?

Hi J.J
I just saw you post on UK-yankee and then Googled "UK tax on US IRS" and came up with this thread. The problem with Googling some questions is that the results can be self referencing and...

Showing results 1 to 4 of 4