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View Full Version : Selling property abroad with shared ownership


tomash76
Jul 5, 2009, 02:03 PM
Hi
I have property abroad/Poland/ that belongs to me and my parents.
I would like to sell it and use the money to buy a property in London.
My parents are willing to give me the money that will come from selling they part of the property.
I am british tax resident so I wonder if I would have to pay any taxes upon this money
King regards
Tom

AtlantaTaxExpert
Jul 6, 2009, 09:41 AM
Tom:

Sorry, but this forum deal exclusively with U.S. tax issues.

You need to find a forum that addresses the tax system for the United Kingdom.