Re: A little tax question... : Thu Mar 01, 2012 5:26 pm  

Dally wrote:

This is the US we are talking about, not the UK. There is a robust extradition treaty.

Heavily in favour of British Citizens being extraditided with ease, mind.

Re: A little tax question... : Thu Mar 01, 2012 5:26 pm  

DaveO wrote: You need to be careful at the US end. The US tax authorities (IRS) are very ready and willing to consider income of a foreign national as liable for US taxes. http://www.irs.gov/businesses/small/international/article/0,,id=96459,00.html You will probably have to file a form to say whatever it is you supply was made here (assuming it is) and then you will be liable for UK income tax if you don't pay US taxes. Failure to file the correct form in the US can mean you end up with a US tax bill. Thanks for the link, I spent about an hour on that site this afternoon without finding that. I'm going to register with the agency anyway and see what transpires, if anything sells then at least the money will be in dollars and in Paypal and "she" won't be able to spend it - and I'll have a year to sort it out if anything is due - and the mark-up is pretty decent

DaveO wrote: You need to be careful at the US end. The US tax authorities (IRS) are very ready and willing to consider income of a foreign national as liable for US taxes. http://www.irs.gov/businesses/small/international/article/0,,id=96459,00.html You will probably have to file a form to say whatever it is you supply was made here (assuming it is) and then you will be liable for UK income tax if you don't pay US taxes. Failure to file the correct form in the US can mean you end up with a US tax bill. Thanks for the link, I spent about an hour on that site this afternoon without finding that. I'm going to register with the agency anyway and see what transpires, if anything sells then at least the money will be in dollars and in Paypal and "she" won't be able to spend it - and I'll have a year to sort it out if anything is due - and the mark-up is pretty decent

Re: A little tax question... : Thu Mar 01, 2012 7:04 pm  

Ski wrote:

Heavily in favour of British Citizens being extraditided with ease, mind.

Got a stutter old boy?

Re: A little tax question... : Thu Mar 01, 2012 9:39 pm  

just be careful mate, if anything goes pete tong you ll (sorry, the person will) be extradited with out a murmur from HMG.

Re: A little tax question... : Thu Mar 01, 2012 11:34 pm  

CORNISH wrote:

just be careful mate, if anything goes pete tong you ll (sorry, the person will) be extradited with out a murmur from HMG.

Generally they'll not extradite someone for a tax bill that will be way less than the cost of a flight.