PPRuNe Forums - View Single Post - Relinquishing US Citizenship - Serving RAF - Advice needed
Old 4th Jun 2016, 21:16
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msbbarratt
 
Join Date: Apr 2008
Location: UK
Posts: 379
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Houses

The US taxes one for things one has not been taxed for in the UK. So it's not double taxation, but it is tax plus.

For houses that may be problematic. One doesn't pay capital gains on the profits from the sale of one's main house in the UK. They do tax that in the USA, so that might one day attract the attention of the IRS...

There's only two countries in the world that tax this way: the USA and the communist dictatorship of Eritrea...
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