US Taxes on UK investments

[jansenpapworth]

If I moved from the UK to the US mid-year for work, sold UK-based investments (in GBP) that I had held for several years, and then transferred the funds to USD, would I need to pay capital gains tax on those investments in the US for this tax year?

[pk]

@jansenpapworth ,  depends on your immigration and  Tax status ---- If you here on a work visa , till you pass  SPT ( Substantial Presence Test  ) or request to be treated as a resident , you are taxed on US sourced income.  Thereafter you will taxed by the US on world income ( including any gains from alienation of assets anywhere in the world ).

Any Taxes paid to a foreign taxing authority (/ ies) is eligible to Foreign Tax Credit.

Does this make sense ?

Is there more I can do for you ?