London Mayor Refuses to Pay US Tax – Los Angeles Income Tax Planning & Income Tax Litigation Attorney Bruce Givner

by Bruce Givner on December 4, 2014

The current mayor of London, who is a dual citizen of the United States, is refusing to pay a US tax. Boris Johnson, London’s mayor since 2008 and a possible candidate to lead Prime Minister David Cameron’s Conservative Party, addressed the issue during an interview on National Public Radio in New York that aired on November 13.

“The United States comes after me, would you believe it, for the, for capital-gains tax on the sale of your first residence, which is not taxable in Britain, but they’re trying to hit me with some bill, can you believe it?” Johnson said. When asked directly if he planned to pay the bill, Johnson replied “Well, I’m – no, is the answer.”

Johnson was born in New York City in 1964 and lived in the US for much of the first 5 years of his life. Johnson even often takes time to praise his country of birth. However, Johnson said that tax on his earnings, which include the mayor’s salary of 144,000 pounds, or $226,000, is paid “to the full in the United Kingdom, where I work and live.”

According to the IRS, the rules regarding taxes are generally the same for American citizens no matter where in the world they live, and citizens’ worldwide income is subject to tax.

Givner & Kaye focuses on sophisticated income tax planning and compliance, tax litigation and procedure, estate planning, and asset protection plans for individuals and businesses in Beverly Hills, Calabasas, West Los Angeles, Hollywood, and other areas of Los Angeles, Orange, Ventura, San Bernardino, Riverside and Santa Barbara Counties. Call Los Angeles Estate Planning and Asset Protection Plan Attorneys Givner & Kaye at (310) 207-8008 today.

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