Tax

Five important considerations ahead of the US Tax Year End

November 14, 2019

For Americans living in the UK, financial planning and wealth management is complex. It affects everything from income and capital gains, to pension saving and gifting, and it must consider different regulations, tax calendars and currencies.

Robert Paul, Head of the US Family Office, explains five things that Americans in the UK need to consider in the run-up to the end of the US tax year.

To speak to Robert or another member of the US Family Office, please give us a call on +44 (0) 207 396 3388 or alternatively email invest@londonandcapital.com

Disclaimer: The value of investments and any income from them can go down as well as up and investors may not receive back their original investment amount. This communication is for information purposes only. It is not intended as a personal recommendation of particular financial instruments or strategies and it does not provide individually tailored investment advice. This document provides the views of the London & Capital Investment Team examining the fundamental background, economic outlook and possible effect on asset markets. This document is not an invitation to subscribe and is by way of information only. Nothing contained herein constitutes investment, legal, tax or other advice nor is it to be solely relied on in making an investment or other decision. If you are considering investing, you should consult your London & Capital adviser. The views expressed herein are those at the time of publication and are subject to change. Correct at time of going to press.

London and Capital Asset Management Limited is authorised and regulated by the financial conduct authority, 12 Endeavour square, London, E20 1JN. Firm reference number 143286. Registered in England and wales, company number 02112588. © London and Capital Asset Management Limited. All rights reserved. London and Capital Wealth Advisers Limited is authorised and regulated by the UK Financial Conduct Authority (firm reference number 120776) and by the U.S. Securities and Exchange Commission of 100 F street, NE Washington, DC 20549, with sec firm reference number 801-63787. Registered in England and Wales, company number 02080604. © London and Capital Wealth Advisers Limited. All rights reserved.

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- Robert Paul on Frank Hirth’s latest webinar ‘How to solve a problem like… Foreign Investment’.
  April 22, 2021Wealth PlanningFrank Hirth’s webinar, hosted by Iain Younger, Director, and Kavit Nathwani, Senior Tax Manager Robert Paul, Head of the US Family Office at London & Capital, joined Jaime McLemore, Partner at Withersworldwide for a webinar hosted by Iain Younger and Kavit Nathwani from Frank Hirth. Together, they discussed the issues that non-US trustees must consider when determining an investment strategy for a non-US trust that is either a US settlor or US beneficiary. They covered: The US Passive Foreign Investment Company regime Foreign Grantor Trust vs Foreign Non-Grantor Trust – what’s the difference? Attribution – can a US Person be considered the tax “owner” of Trust-owned assets? US tax-friendly investment strategies What needs to be reported to the IRS? – by who and by when? Watch the playback here. If you’d like to find out more about how Robert and London & Capital discuss issues surrounding foreign investment, you can find a selection of content here: A United Approach | Series 2 Episode 3 | Trusts Four key things US Persons need to bear in mind during Year End Tax Planning Cashflow Planning for Multi-jurisdictional Families The value of investments and any income from them can fall as well as rise and neither is guaranteed. Investors may not get back the capital they invested. Past performance is not indicative of future performance. The material is provided for informational purposes only. No news or research item is a personal recommendation to trade. Nothing contained herein constitutes investment, legal, tax or other advice. Copyright © London and Capital Asset Management Limited. London and Capital Asset Management Limited is authorised and regulated by the Financial Conduct Authority of 12 Endeavour Square, London E20 1JN, with firm reference number 143286. Registered in England and Wales, Company Number 02112588. London and Capital Wealth Advisers Limited is authorised and regulated by both by the Financial Conduct Authority of 12 Endeavour Square, London E20 1JN, with firm reference number 120776 and the U.S. Securities and Exchange Commission of 100 F Street, NE Washington, DC 20549, with firm reference number 801-63787. Registered in England and Wales, Company Number 02080604...