What Americans selling their homes in the UK need to know about cap gains tax (which they must pay)

The fact that all American citizens resident in Britain must pay capital gains tax to the U.S. when they sell their "primary residence" in the U.K. is better known among American expats than it was some years back, when the current British prime minister and then-dual U.S./British citizen, Boris Johnson, was hit with such a tax after he and his wife sold their London townhouse in 2009. 

Subscribe to this RSS feed

Opinion

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

In the early years of this century, a number of major media exposés reported how Homeland Americans, as well as rich people from other developed and developing countries, were making...

Mar-18-2023