tax's
Hi, Can anyone help. My sister is applying for American citizenship. She has a test soon and should pass. In a few years time she has the option to work in Sweden. She know she will have to file her tax's in the US but does she have to pay tax there also? She will have a UK and US passport. Thanks
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Re: tax's
Originally Posted by matmens37
(Post 9573092)
Hi, Can anyone help. My sister is applying for American citizenship. She has a test soon and should pass. In a few years time she has the option to work in Sweden. She know she will have to file her tax's in the US but does she have to pay tax there also? She will have a UK and US passport. Thanks
Rene |
Re: tax's
Originally Posted by Noorah101
(Post 9573098)
Are you asking if she has to pay US taxes, or Swedish taxes? I'm not sure anyone here will know the answer to such a specific question. Your sister should probably ask a tax accountant with experience in international business / taxes.
Rene |
Re: tax's
Originally Posted by matmens37
(Post 9573101)
I need to know if she will pay US tax when working in Sweden.
Rene |
Re: tax's
Originally Posted by matmens37
(Post 9573101)
I need to know if she will pay US tax when working in Sweden.
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Re: tax's
Originally Posted by matmens37
(Post 9573101)
I need to know if she will pay US tax when working in Sweden.
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Re: tax's
As a US citizen she will need to declare her worldwide income to the IRS. As UK citizen she may well be liable for UK tax if she is still considered resident for tax purposes by HMRC and if she has UK investments or savings. If she is employed in Sweden then I imagine tax will have to be paid there to. She will have to apply the US/UK, US/Sweden tax treaties and understand how the UK and Swedish systems interact.
As far as the US is concerned she can elect to exclude around $90k a year in income from her taxes or take a credit for the foreign tax paid. she will have to work out which is better. As she will be potentially working with 3 tax regimes professional advice is probably necessary. |
Re: tax's
If she needs an accountant I recommend Pete Newton.
www.doug-tax.com. |
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