1

I'm currently a US resident alien.

What are the tax implications of owning a controlling stake in a UK private limited company?

It is unclear how complex filing is and what financial implications are.

So my question is - how complex is the filing? What are the financial implications (even if no income is drawn)?

I have been reading this https://www.irs.gov/instructions/i5471 and it is unclear what category I'd even be filing under. (my suspicion is category 4)

I understand that as soon as income is received that must be declared and will be covered in the UK-US tax treaty to avoid double taxation.

Your Answer

By clicking "Post Your Answer", you acknowledge that you have read our updated terms of service, privacy policy and cookie policy, and that your continued use of the website is subject to these policies.

Browse other questions tagged or ask your own question.