PFIC UK Funds Wealthy Americans Must Avoid: The ISA Trap
PFIC Rules: Why Wealthy Americans Must Avoid UK Funds and ISAs Almost every UK fund is a Passive Foreign Investment Company (PFIC) for US persons. The PFIC UK funds wealthy Americans hold — OEICs, unit trusts and ISA holdings — are taxed under a punitive US regime, so US taxpayers living in Britain should avoid […]
US-UK Tax Advisers Manchester: How to Choose
Private-Client US-UK Tax Advisers in Manchester: How to Choose Choosing between US-UK tax advisers Manchester residents can rely on comes down to one test: can the same firm sign your US Form 1040 and your UK Self Assessment return? A genuine cross-border specialist holds both a US credential (CPA or IRS Enrolled Agent) and a […]
Reduce Double Taxation Private Equity Executives: US-UK Guide
How Private Equity Executives Cut Double Taxation on Global Income To reduce double taxation, private equity executives should pair the US foreign tax credit (Form 1116) with the US-UK treaty, matching UK tax paid against US tax on the same carried, co-invest and fund income — while managing separate credit baskets, tax-year mismatches and the […]
Streamlined Eligibility Tech Founders After an Exit: SFOP Guide
Are Tech Founders After an Exit Eligible for the Streamlined Foreign Offshore Procedures? Often, yes. Streamlined eligibility for tech founders after an exit depends on two tests: your failure to report foreign accounts and income was non-wilful, and you meet the non-residency test in at least one of the last three tax years. A clean […]
 Streamlined Eligibility Crypto Millionaires in the UK
Are Crypto Millionaires in the UK Eligible for the Streamlined Foreign Offshore Procedures? For most UK-resident US citizens, streamlined eligibility for crypto millionaires in the UK hinges on two gates: certifying that your failure to report was genuinely non-wilful, and passing the non-residency test. Meet both, and the Streamlined Foreign Offshore Procedures can bring years […]
Streamlined Eligibility C-Suite Expats: SFOP Rules
Are C-Suite Expats Eligible for the Streamlined Foreign Offshore Procedures? Yes, in most cases, but with a large caveat. The rules on streamlined eligibility for C-suite expats must turn less on where they live and far more on whether their past filing failures were genuinely non-wilful, which is a demanding standard for sophisticated, well-advised executives. […]