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Old 11th Sep 2016, 11:08
  #25 (permalink)  
formerlywazza
 
Join Date: Mar 2007
Location: Dubai
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Double taxation

The way I read it, you don't pay the same tax twice. But if, for example, the higher rate tax is 40% in the UK and you are UK resident, you pay the full UK tax bill, minus the tax element that was paid in Korea - you still have a tax bill in the UK, but are just given credit for the element already paid in Korea.

Happy to be proven wrong!
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