http://www.moneysnatcher.com/news/i-am-a-british-citizen-what-possible-tax-issues-could-i-encounter-due-to-working-in-the-us-for-3-4-months/ Money Snatcher Finance Blog Fri, 12 Jun 2009 17:08:06 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.moneysnatcher.com/news/i-am-a-british-citizen-what-possible-tax-issues-could-i-encounter-due-to-working-in-the-us-for-3-4-months/comment-page-1/#comment-31 Smtypnts Fri, 03 Oct 2008 19:10:58 +0000 http://www.moneysnatcher.com/united-kingdom/i-am-a-british-citizen-what-possible-tax-issues-could-i-encounter-due-to-working-in-the-us-for-3-4-months/#comment-31 double taxation is an issue but there are systems to minimize the taxation on the income. This issue will arise if you shift the money from country to country. The US will tax it, the UK may not if you pay tax in one country normally you do not pay in the other. Check with law firms and CPA's on the actual structured accounts that need to be set up to minimize tax. This is one of the reasons many UK residents use offshore banking firms. double taxation is an issue but there are systems to minimize the taxation on the income. This issue will arise if you shift the money from country to country. The US will tax it, the UK may not if you pay tax in one country normally you do not pay in the other. Check with law firms and CPA’s on the actual structured accounts that need to be set up to minimize tax. This is one of the reasons many UK residents use offshore banking firms.

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