Tax  

How the US and UK tax systems work together

  • Describe how the US and UK tax system works for US residents living in the UK
  • Identify some of the tax challenges Harry, Duke of Sussex might be facing
  • Explain how the remittance basis works
CPD
Approx.30min

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That said 'the tax tail should never wag the dog', and no one would ever reasonably conclude that Harry and Meghan’s relocation to the US was driven by tax concerns.

Aidan Grant is an associate at Collyer Bristow

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CPD
Approx.30min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. The US levies tax on its citizens irrespective of whether they live in the US, true or false?

  2. How does the remittance basis work for a UK-resident US citizen?

  3. Why might a UK resident US citizen be subject to double taxation?

  4. How many years must a foreigner be resident in the UK to be deemed domiciled?

  5. How can Harry, Duke of Sussex, avoid UK taxes?

  6. US federal taxes are the only taxes in the US Harry will have to face, true or false?

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  • Describe how the US and UK tax system works for US residents living in the UK
  • Identify some of the tax challenges Harry, Duke of Sussex might be facing
  • Explain how the remittance basis works

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