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Where Taxpayers and Advisers Meet

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by LankyD
Wed Sep 19, 2018 2:52 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: Interpretation of Accounting Statement
Replies: 1
Views: 1140

Interpretation of Accounting Statement

Hi - This is related to an earlier post with significant more clarification and detail - hopefully someone out there can shed some light and common sense on this Recently an american company General Growth Properties (GGP) merged and shareholders were paid out in cash (or a combination of cash and s...
by LankyD
Thu Sep 13, 2018 4:15 pm
Forum: Savings & Investments, Pensions & Retirement
Topic: Tax treatment for US company mergers
Replies: 1
Views: 1118

Tax treatment for US company mergers

I am a UK resident and until recently owned shares in an american company called General Growth Properties (GGP). Recently this company merged with another company (Brookfield Property (BPY)) and I received cash in my account to reflect this. My understanding is that this was a capital gain and woul...
by LankyD
Wed Mar 07, 2018 3:22 pm
Forum: Capital Gains Tax, CGT
Topic: Selling an American property
Replies: 2
Views: 816

Selling an American property

My wife and I are UK citizens and sold a property in America in August last year (we have owned it for a number of years from when I worked in America). The broker who we dealt with told us we have to declare the sale and pay any capital gain taxes to the US government. We had planned to report the ...

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