Boris’s dilemma: relinquish his US passport or pay American tax
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
