Something to dwell on
Claire Weeks and Emma-Jane Weider consider UK tax and succession issues for US persons purchasing second homes in the UK
Key points
What is the issue?
US individuals, trusts and companies purchasing real estate in the UK are fully within the scope of UK tax on such investments and the laws of succession of the relevant part of the UK.
What does it mean for me?
Practitioners advising US clients should be alert to these considerations and the planning opportunities that may be available.
What can I take away?
Please login to access this content
If you are not a member, find out more about joining STEP or subscribing to STEP articles.