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US UK TAX PLANNING Qxp Form

US UK TAX PLANNING Qxp Form

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Anthony Claudia so today we're talking about issues we see for us persons living in the UK and UK persons living in the u.s. we often talk about things like s bars and FATCA form 8938 but there's also issues that are specific to each country like tax treaties for this one with the UK is interesting the US and the UK have different tax years so how does that complicate things well you just have to adjust everything you know you have you have to adjust things from the UK tax year to the US tax year that's so so it's duplicative work unfortunately oh it is okay and then the US and the UK have a tax treaty that actually is pretty benefits as good as it's going to get and that is that is the that is the way so when we deal with a UK client and they have a pension a foreign pension that always were always relieved when people call in and they have a pension they're not in the UK for instance Australia we're not so happy because the amou

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