US Tax, UK Tax, 1040, Form 2555 (Foreign Earned Income Exclusion), Form 1116 (Foreign Tax Credit), Form 5471 (Information Return for Controlled Foreign Corporations), Form 3520 (Annual Return to Report Transactions with Foreign Trusts), FBAR (Report of Foreign Bank and Financial Accounts), Form 8938 (Statement of Specified Foreign Financial Assets),

British Citizens Holding a U.S. Green Card Tax obligation.

Navigating Dual Tax Obligations: A Guide for British Citizens Holding a U.S. Green Card

Virtual currency transactions are taxable by law just like transactions in any other property. Taxpa

What is Virtual Currency?

banner_image

banner

background_image_2

home_background_2

background_image_1

home_background

Insights

heading

At the end of the last century, Cryptocurrency or Crypto assets were an emergent financial element; however, In the usher of the 21st century, it has already included in the financial system...

TAXATION OF CRYPTO ASSETS

insight_1

Virtual currency transactions are taxable by law just like transactions in any other property. Taxpayers transacting in virtual currency may have to report those transactions on their tax returns...

insight_2

On 31 December 2020, the transition period for the United Kingdom's withdrawal from the EU ended. This means that the UK is now formally a third country and EU law no longer applies there.

BREXIT: End of the transition period

insight_3

The Consolidated Appropriation Act for 2020 increased the amount of the minimum addition tax for failure to file a tax return within 60 days of the due date.

Insights

Contact us

Quick Links