Questions tagged [tax-residency]
The tax-residency tag has no usage guidance.
60
questions
3
votes
0
answers
61
views
Non-resident for UK tax for years, ~£2000/yr UK bank interest, should I have reported to HMRC somehow?
Summary: I am a UK citizen but not UK tax resident, I earn £2,000 a year in interest from UK bank accounts, (and foreign income), do I need to submit a self-assessment to HMRC? Did I need to before ...
- 53
0
votes
0
answers
62
views
Does it matter where I'm buying stocks, or only where I'm selling them? (from tax perspective)
I'm a Polish citizen but I live in Thailand since a few years, and currently I have tax residency only in Thailand. I've been buying some S&P 500 stocks here on an international stock exchange, ...
- 103
0
votes
1
answer
51
views
International Student in Canada who interned for 8mo in US - which country am I a tax resident of?
I have a bit of a strange tax residency situation:
I am a Citizen of India, but spent 0 days in India in 2023.
I am an international student in Canada, and spent 4 months of 2023 in Canada (studying ...
1
vote
1
answer
67
views
How do I determine the residence for tax treaty benefits on W8-BEN form?
I am an Indian citizen currently working as a researcher on an H1-B visa in the US. Prior to that (Jan 12,2023-October 31, 2023), I was a resident in Canada and will be considered a resident for tax ...
- 11
0
votes
1
answer
127
views
What exactly are you taxed on as a US resident vs US non-resident? Is this guide correct?
Tax Guide
During the period of time that an individual is considered a US-resident for tax purposes:
All worldwide income is taxed by the IRS at the normal rates. (e.g. basically any source of income ...
- 1,570
0
votes
2
answers
299
views
Potential EU Tax Residency and Ownership of US ETFs
I'm currently considering the possibility of obtaining EU tax residency in the future, and I'm aware of the restrictions that EU tax residents face when it comes to purchasing US-based ETFs due to ...
- 21
3
votes
1
answer
78
views
How is tax residency divided between the US and Canada on the day of arrival/departure?
Suppose an individual who is a resident of the United States has resided and worked within the country from January 1st until May 15th. On the morning of May 15th, they travel to Canada and, in the ...
- 1,570
1
vote
1
answer
182
views
Can I choose to be a resident alien tax purposes in the USA and waive my tax treaty rights?
I've recently arrived in California under a J-1 visa from Spain. Most people under these visas file as an non-resident for tax purposes in the US. My understanding is this means means they are paid ...
- 113
1
vote
0
answers
56
views
HMRC and belatedly declaring tax residency status
Prior to 2018 I was a director in a small business, and as such I submitted my UK tax returns via Self Assessment - the taxes were always straight forward, so I always did them myself without concern.
...
2
votes
2
answers
153
views
What income taxes should I pay if the paid job is done before becoming tax resident and money paid after?
I'm moving to the US in 2 weeks. I'm a Polish independent contractor working with US clients. I expect to obtain work permit within 30 days after arrival.
I do understand the taxation for the US tax ...
- 251
0
votes
1
answer
92
views
Am I French Tax Resident?
I moved to London from Paris in March 2021 while my wife and son are still in Paris. I was assuming that I am a UK resident for tax purposes till I came across "the definition of 'domicile fiscal'...
- 151
1
vote
1
answer
327
views
Germany - How are Acc ETFs taxed after the first year of investing? (confused about how I can apply the calculation formula)
I just started investing in 2021 and upon reading how to calculate the tax I owe for my accumulating ETF, I realised I don't know how to apply the explanations found on the Internet to my situation.
...
- 25
1
vote
0
answers
456
views
Brokerage Account and Non-Domiciled Status in UK
I have recently moved to the UK and want to move my IBKR Ireland account that was linked to my previous French residence status. The UK allows those with non-UK domicile to keep their worldwide income ...
- 151
0
votes
1
answer
75
views
What is the penalty, if any, for mistakenly paying US federal taxes as US tax resident instead of a non-US tax resident?
Determining the US tax residency can be slightly tricky and as a result I wonder what the penalty is, if any, for mistakenly paying US federal taxes as US tax resident instead of a non-US tax resident....
- 11.4k
1
vote
1
answer
62
views
Which state income taxes apply on executor income (executor resident state, or state in which probate occurs)?
I am a beneficiary and executor of estates of two relatives that died in WV. I reside in another state, which also has state income taxes.
Do I claim the executor income in my state of residence? or ...
- 113