When in doubt, blame wealthy foreigners for any political problems. That goes for pols in the US and the UK alike, and even the dual-national Mayor of London is not immune. Boris Johnson opposes blanket non-dom and mansion taxes, but wants councils to ‘whack up’ local levies on empty homes and advocates closing stamp-duty loopholes exploited by ‘mainly but not exclusively non-doms’. Through these, he explained in one Telegraph column, and with ‘the agency of some clever lawyers, they avoid a tax that is paid by virtually everyone else’.
So it is with great interest – and some sympathy, on the part of yours truly – that we expatriates in London learn of Johnson’s dispute with the US Internal Revenue Service (IRS). Speaking to American National Public Radio (NPR) this month Johnson said:
‘They’re trying to hit me with some bill, can you believe it?’
Yes, we can.
The IRS apparently wants its 15 per cent cut from the sale of Boris’s first home, a north London four-storey that he and his wife sold in 2009 for more than twice the 1999 purchase price. The sale of
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