pk
Level 15
Level 15

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.