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Deductions & credits
SU Bine22 is pointing out a very valid item -- whereas US will consider your income ( from the UK entity no US presence ) as US sourced income and if you are actually having to pay UK taxes on this income ( i.e. UK is considering this income on a territorial basis ), you may have to consider to consider "re-sourcing" the income to UK so that it is considered as foreign income and thus allowing foreign income benefits to flow through.. Please respond to Bine22's question.
‎June 6, 2019
7:36 AM