Thursday, December 05

London, United Kingdom

Why UK SIPPs Aren't Foreign Trusts

This event has now passed, please check out the recording from the event here.

Why UK SIPPs Aren't Foreign Trusts

Join us for this Zoom webinar discussion on why there's confusion around Americans in the UK saving for retirement in a UK Self-Invested Personal Pension (SIPP).

WHEN: Thursday, December 5th from 6-7pm UK time

This webinar is free but a suggested donation of $7.50 is recommended. All proceeds go to Democrats Abroad UK.

Scroll to the bottom to RSVP.

Join us for this special discussion on the complication of getting clarity for Americans in the UK to save for retirement in a Self-Invested Personal Pension (SIPP).

Attendees are asked to please pre-submit any questions you have using this form by Monday, December 5th. The more questions we get in advance, the better we can prepare and shape the program around the things you want to learn about the most!

If you are unable to attend this event RSVP anyway to receive the recording afterwards.

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Stuart Horwich, Horwich Law LLP

Stuart Horwich is a U.S attorney licensed in the District of Columbia and based in London. He has a U.S law degree from the University of California, Berkeley and an LLM degree from the University of Cambridge. He has worked for the Tax Division of the United States Department of Justice and the Securities Exchange Commission before opening the London office of a leading U.S. law firm.

Stuart has spent his career working in the field of U.S taxation with particular emphasis on international issues. His clients include major banks, multinational companies and public and privately held companies with U.S. tax issues. He also advises U.S citizens living outside of the United States and non U.S. citizens with U.S business or personal connections.

Stuart's area of practice is broader than that of a typical private client lawyer. With extensive experience in international income tax matters, he specializes in minimizing a client's worldwide income tax liabilities, including implementing strategies to utilize foreign tax credits to maximum effort. Moreover, he has built up a wide network of foreign tax professional colleagues from all over the world (and hosts a conference annually with representatives from almost 20 countries in attendance), ensuring that a client can access the correct advice for cross-border business ventures.

Recently, Stuart defeated the IRS in a Federal Court of Appeals on whether certain French taxes were eligible for a foreign tax credit, resulting in the IRS having to refund over one hundred million dollars to hundreds of U.S. citizens living in France.

Stuart has founded a U.S. accounting firm that specializes in the accounting requirements of U.S. citizens and non-residents who have U.S. tax filing obligations. Stuart is therefore very experienced regarding the actual compliance issues his his clients face and he maintains a close working relationship with U.S. accountants to ensure a seamless relationship between his structing advice and the annual tax return preparation.

Stuart is also the founder of The Anglo-American Charitable Foundation Ltd, a charity registered in both the U.S. and the UK that facilitates Americans living in the UK in making charitable contributions that qualify for favorable tax treatment in both jurisdictions. The charity has raised over $25 million for worthwhile causes throughout the world.

Rebecca Lammers, Chair, Taxation Task Force, Democrats Abroad

Originally from Columbus, Ohio, Rebecca Lammers has lived in London, United Kingdom for 17 years. She originally moved abroad to study, was offered a job, and then met her British husband, the rest as they say is history. After establishing a small business she started to realize that she had been filing her US tax return incorrectly. As she tried to find help and resources that could help her file correctly, she found it difficult navigating the complexity of filing as an American abroad.

In 2022, Rebecca was appointed to become the Chair of the Taxation Task Force and the group grew from 12 to 70 volunteers that year. The team focuses on delivering results for Americans abroad through targeted research including the tax survey and report Once Uncomfortable, Now Suffocating, going to Washington DC to speak to legislators face-to-face about the tax problems experienced by Americans abroad, and developing policy goals to provide relief from the complexity and double taxation that Americans abroad suffer from. The team is focused on passing Residency Based Taxation for Americans abroad as well as incremental changes to help Americans abroad sooner rather than later.

Rebecca just completed her three-year term as the International Member of the Taxpayer Advocacy Panel (TAP). TAP is a Federal Advisory Committee whose mission is to listen to taxpayers, identify taxpayers' issues, and make suggestions for improving IRS service and customer satisfaction. TAP is comprised of approximately 75 members who volunteer to serve a three-year term, and represent all 50 states, District of Columbia, Puerto Rico, and one member to represent U.S. Citizens living or working abroad.

 

Please click here to add yourself to the Democrats Abroad Taxation Task Force mailing list to keep up to date with the actions and upcoming events.

Disclaimer: Democrats Abroad cannot provide individual tax advice. We are not tax lawyers, accountants or advisers. Please consult a professional tax adviser/accountant/return preparer when addressing your personal tax matters.

We recommend the IRS Tax Return Preparer Directory to find a service provider who meets your needs and budget, though buyers need always beware. Democrats Abroad suggests Americans abroad in need of tax advice consult the IRS Tax Return Preparer Directory to find an advisor or tax return preparer near you or providing online services: https://irs.treasury.gov/rpo/rpo.jsf

WHEN

Thursday, December 05, 2024 at 06:00 PM London Time

CONTACT

DAUK Tax Committee
[email protected]

315 RSVPs