US/UK Tax Issues for Internationally Mobile Executives

In an increasingly global marketplace, international assignments have become commonplace and cross-border employment and tax issues have come to the fore. Because of their common language, culture and financial prominence, the links between the US and the UK are especially well developed and, as a result, there is a constant flow of high-level managerial and executive talent between these two countries. This article focuses on some of the most common tax issues that are raised by the assignment or transfer of executives between the US and the UK. Inevitably, it also addresses more general issues applicable to internationally mobile executives working in either the US or the UK and specific issues that may have an impact on executives who are leaving their home country of the US or UK for a temporary international assignment anywhere in the world. [PUBLICATION ABSTRACT]