G McA
I hope your right. But im still think im liable see this quote from IR20 document. see the attached pdf
Non-residents with a UK branch or agency
8.7 If you are neither resident nor ordinarily resident in the UK and carry on a trade,
profession or vocation through a branch or agency in...
Thanks for the replys
Sorry i didnt make my status quite clear.
Im a UK citizen, resident in Bahrain over 5 years. I know im liable to UK Capital gains if i use a UK broker. Due to an inland revenue rule where your agent(broker) is based in the UK.
But im not sure if the same applies with US...
US Brokers - Tax liablity
Can someone pls tell me if trading through a US Broker in US stocks makes you liable to US capital gains tax (assuming your winning).
Im thinking of opening an IB account, im a gulf expat but im not sure whether i'll have to fill out some kind of IRS form.
There...