foobsall

Hi, my custodian said that due to my non-resident alien status, they will apply 30% NRA withholding tax to any withdrawals made. Can you please confirm if this is correct? I believe US/UK DTA stipulates that the withholding may not be necessary where there is a treaty https://www.irs.gov/publications/p515, and the US/UK DTA treaty states only the UK can tax my withdrawal https://www.gov.uk/hmrc-internal-manuals/double-taxation-relief/dt19852 (as you mentioned). I'd like to not have this 30% applied or, at least, figure out how to get it back.

Thanks, and what happens if they're taxable in the US?

Hello, I am seeking advice on the UK tax implications regarding a Roth IRA I hold in the United States. I originally contributed to this Roth IRA while living in the US, and the account value has since grown from $16,000 to $20,000. I am no longer a US resident as I have relinquished my green card. Could someone please clarify: How will the UK tax authorities view the withdrawal of these funds? Are there any specific reporting requirements I need to follow upon withdrawing and transferring these funds to the UK? Will the growth portion ($4,000) be subject to UK taxation, and if so, how is this calculated? I would appreciate any guidance or resources that can assist with this query. Thank you.