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£30,000 non-dom charge: the IRS agree to a tax credit

  • Squire Sanders Hammonds
  • -
  • United Kingdom, USA
  • -
  • September 9 2011

When the non-dom charge was introduced in 2008, the Budget papers contained a lengthy opinion obtained by HMRC from Skadden, Arps, Slate, Meagher and Flom LLP, the distinguished US firm, to the effect that credit would be available for the £30,000 charge against the individual’s liability to US tax

Double taxation relief: UK relief for tax paid by a Delaware LLC

  • Squire Sanders Hammonds
  • -
  • United Kingdom, USA
  • -
  • September 9 2011

The anonymised tribunal case of Swift last year has now been appealed to the Upper Tribunal and is now known as Anson v HMRC FTC392010