Tag: long-term resident
The UK/US treaty and deductible debt
Introduction In an earlier piece I looked at how a US citizen who has become a long-term UK resident can find his worldwide estate within the charge to inheritance tax, only for the 1978 estate and gift tax treaty to pull most of it back out again where he is […]
Read MoreInheritance tax and US citizens – domicile, long-term residence and the UK/US treaty
An American in the UK A US citizen who has spent a good deal of time in the UK may now find that his or her entire worldwide estate is potentially within the charge to UK inheritance tax, and that an estate tax treaty signed in 1978 is the thing […]
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