Taxes - eugh !!
#1
Taxes - eugh !!
Sorry, this is a convoluted question:
I'm working in the US on a 5 year (E1) visa for a UK company
I'm treated as a resident alien for tax purposes
I've been here 3 years
I have a house in the UK and am thinking of selling it - but as I understand it the fact that I am here on secondment through my employer potentially changes the rules on capital gains tax.
The money from the UK sale would be (in part) brought here, but most (if not all) would be reinvested in a more rentable property in the UK.
I also understand that the point at which I apply for (and receive) a green card, changes the tax status irrevocably.
Can anyone suggest an expert in this area? I'm looking for someone who's an expert in US tax obviously but also intimately familiar with the reciprocity agreements that exist between UK & US when it comes to taxes.
Any contacts gratefully received........................
I'm working in the US on a 5 year (E1) visa for a UK company
I'm treated as a resident alien for tax purposes
I've been here 3 years
I have a house in the UK and am thinking of selling it - but as I understand it the fact that I am here on secondment through my employer potentially changes the rules on capital gains tax.
The money from the UK sale would be (in part) brought here, but most (if not all) would be reinvested in a more rentable property in the UK.
I also understand that the point at which I apply for (and receive) a green card, changes the tax status irrevocably.
Can anyone suggest an expert in this area? I'm looking for someone who's an expert in US tax obviously but also intimately familiar with the reciprocity agreements that exist between UK & US when it comes to taxes.
Any contacts gratefully received........................
#2
Just Joined
Joined: Feb 2010
Posts: 12
Re: Taxes - eugh !!
Sorry, this is a convoluted question:
I'm working in the US on a 5 year (E1) visa for a UK company
I'm treated as a resident alien for tax purposes
I've been here 3 years
I have a house in the UK and am thinking of selling it - but as I understand it the fact that I am here on secondment through my employer potentially changes the rules on capital gains tax.
The money from the UK sale would be (in part) brought here, but most (if not all) would be reinvested in a more rentable property in the UK.
I also understand that the point at which I apply for (and receive) a green card, changes the tax status irrevocably.
Can anyone suggest an expert in this area? I'm looking for someone who's an expert in US tax obviously but also intimately familiar with the reciprocity agreements that exist between UK & US when it comes to taxes.
Any contacts gratefully received........................
I'm working in the US on a 5 year (E1) visa for a UK company
I'm treated as a resident alien for tax purposes
I've been here 3 years
I have a house in the UK and am thinking of selling it - but as I understand it the fact that I am here on secondment through my employer potentially changes the rules on capital gains tax.
The money from the UK sale would be (in part) brought here, but most (if not all) would be reinvested in a more rentable property in the UK.
I also understand that the point at which I apply for (and receive) a green card, changes the tax status irrevocably.
Can anyone suggest an expert in this area? I'm looking for someone who's an expert in US tax obviously but also intimately familiar with the reciprocity agreements that exist between UK & US when it comes to taxes.
Any contacts gratefully received........................
It will not change even if you get a Green Card. Hope it helps.
Last edited by meauxna; Feb 1st 2010 at 7:26 am.