I am a dual US/UK citizen resident in UK.
In 2014 I plan to sell my UK home and move back to the US (after a long absence). Can anyone tell me whether I pay CGT i the UK or in the US -- or in both countries?
Is there any double taxation agreement that is relevant.
Will it make any difference to the CGT situation if I move back to the US in 2015 rather than immediately after the sale in 2014?
In 2014 I plan to sell my UK home and move back to the US (after a long absence). Can anyone tell me whether I pay CGT i the UK or in the US -- or in both countries?
Is there any double taxation agreement that is relevant.
Will it make any difference to the CGT situation if I move back to the US in 2015 rather than immediately after the sale in 2014?