Anyone familiar with how the US IRS treats a 5% withdrawal from an offshore life policy investment? This is for a UK domicile, who is US resident.
In many tax jurisdictions 5% withdrawals do not trigger a tax event, and wondering how its treated over the pond.
thanks,
JB.
US res. and 5% withdrawals on offshore life policiy
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US res. and 5% withdrawals on offshore life policiy
by Joe Bloogs on Mon Sep 19, 2011 12:19 pm
- Joe Bloogs
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1 post • Page 1 of 1
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