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Posted Fri, 01 Mar 2024 02:12:40 GMT by JJ23# Chow
Could you please advise if I need to pay any capital gain tax for shares in the States which I am going to sell towards the end of this year? I have been living in the UK for over 2 years (indefinite leave to remain status) and will continue to stay In the UK and in the foreseeable future. I am retired. These shares I own were purchased before I moved to the UK. Does UK has double tax treaty with the States? Thank you. JJ
Posted Fri, 01 Mar 2024 15:29:28 GMT by HMRC Admin 25 Response
Hi JJ23# Chow,
HMRC cannot comment on future events as legislation and/or plans may change.
Based on current guidance, yes capital gains may be due as you are tax resident. please refer to:
Remittance basis 2023 (HS264)
Thank you. 
Posted Fri, 01 Mar 2024 22:45:28 GMT by JJ23# Chow
Hi HMRC Admin 25, thank you very much for your response. JJ

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