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Declaring Inherited Money
If I get money from Uk and I live in eu and dual citizen do I get taxed on it
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For more on marking an answer as the "Best Answer", please visit our FAQ.irrelevant about nationality - it depends on the law of the other country
AND
the asset is taxed in the country where it is
so you just pocket the moolah
EU has tax treaties, so even if there is a demand then you plead the dual taxation rules ( only taxed once)
and no I am not a tax expert
all the stuff about Boris
https:/ /www.ar tiopart ners.co m/renou nce/bor is-john son-pay s-irs-t ax-bill /
if you read carefully, he was NOT able to plead dual taxation on a tax break ...
AND
the asset is taxed in the country where it is
so you just pocket the moolah
EU has tax treaties, so even if there is a demand then you plead the dual taxation rules ( only taxed once)
and no I am not a tax expert
all the stuff about Boris
https:/
if you read carefully, he was NOT able to plead dual taxation on a tax break ...
If the money was from the estate of someone living in the UK, where that estate was subject to Inheritance Tax, that tax will have been deducted at source.
i.e. it's the estate that is taxed, not the recipient. In the UK there's never any tax paid by the recipient of a bequest. To the best of my knowledge, similar principles apply in other countries. (There's certainly never been any EU rule relating to it, so you'd need to check on the tax rules within the specific country that you're residing in, in order to obtain a definitive answer).
i.e. it's the estate that is taxed, not the recipient. In the UK there's never any tax paid by the recipient of a bequest. To the best of my knowledge, similar principles apply in other countries. (There's certainly never been any EU rule relating to it, so you'd need to check on the tax rules within the specific country that you're residing in, in order to obtain a definitive answer).
er
no
Belgium has tax on the objaaay - and you should apply the double taxation rules ....
https:/ /www.1s t-for-f rench-p roperty .co.uk/ blog/th e-frenc h-inher itance- system/
but the general principle is that you only get taxed once ( dual taxation )
no
Belgium has tax on the objaaay - and you should apply the double taxation rules ....
https:/
but the general principle is that you only get taxed once ( dual taxation )
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