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07 April 2015
US taxing rights; At the car wash; Niggling doubt; No longer building
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US taxing rights
The US tax implications of the 25% tax-free lump sum element of a UK pension
My client is a US citizen who has lived in the UK for many years and has British citizenship. She files a US tax return every year because the US asserts worldwide taxing rights over its citizens for ever.
However she never has a tax liability because she only has some earned income in the UK (for which there is a US exemption) and...
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