X

London Mayor Hit With Huge US Tax Bill

New York-born mayor agrees to pay up before US visit
By Rob Quinn,  Newser Staff
Posted Jan 22, 2015 3:41 AM CST
London Mayor Hit With Huge US Tax Bill
Johnson earlier called the tax bill "outrageous" and said he wouldn't pay up.   (AP PhotoStefan Rousseau/PA)

(Newser) – Many Londoners might not know their mayor has an American passport as well as a British one—but Uncle Sam is certainly aware of it. Boris Johnson was born in New York, and as an American citizen, he's liable to pay American taxes, which he has reluctantly agreed to settle before he visits the US next month, reports the Telegraph. A few months ago, he insisted that he wouldn't cough up. "I think it's absolutely outrageous. Why should I?" he said. "I haven't lived in the United States since I was 5 years old. I pay my taxes in full in the United Kingdom, where I live and work."

story continues below

When asked why he didn't just relinquish his American citizenship, Johnson said it was "very difficult to give up." The capital gains tax bill the mayor has settled related to the sale of a London home in 2009, and while some tax experts estimate it was around $150,000, the Financial Times puts it closer to $65,000. The mayor, who will be visiting New York, Boston, and Washington, DC, on his American trip, is still pursuing the US Embassy for around $12 million he says it owes for London traffic congestion charges, reports the Guardian. (Read more Boris Johnson stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X