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    tomash76's Avatar
    tomash76 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 5, 2009, 02:03 PM
    Selling property abroad with shared ownership
    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    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.
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