Forum Moderators: skibum
I have been UK resident (foreign national) for 1.5 years, now I'm in US (short visit <3 months).
I'll leave UK and US permanently and move to Asia, but I still have income from these sources. Am I liable to any UK/US tax, contribution? I don't know about US law very much, but for the UK, I think these income although raises in UK, but it's not from an employment, so I can have tax relief...am I right?
I don't might paying tax if I were in the country, but I can't see the point of paying tax if I am not going back to claim any benifit or pension whatsoever.
Anyone know? Please help....
Please understand that this is my personal opinion and not that of a qualified accountant, who would charge you plenty to tell you the same thing.
again as others have stated I am not a certified accountant but I have had some (limited)experience in these matters. you really shoudl talk to an accountant
[irs.gov...]
Your post wasn't clear on your citizenship but if you are a US citizen my reading of the IRS publications would say you would owe US taxes on all of your income. See IRS publication 514 [irs.gov...]
"If you are a U.S. citizen, you are taxed by the United States on your worldwide income wherever you live. You are normally entitled to take a credit for foreign taxes you pay or accrue."
From the way that reads if you are a US citizen it sounds like you aren't going to get out of paying taxes to somebody.