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<big>This website provides comprehensive information about:
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<big>This site provides comprehensive information about:
 
# Taxation of foreign domiciliaries
 
# Taxation of foreign domiciliaries
 
# Taxation of non-residents on UK income and assets
 
# Taxation of non-residents on UK income and assets
 
# Taxation of UK residents on foreign income and assets  
 
# Taxation of UK residents on foreign income and assets  
 +
# Other topics arising in this context, including tax avoidance, and disclosure and compliance
  
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It is the online version of the book [http://www.kessler.co.uk/taxation-of-foreign-domiciliaries/ ''Taxation of Non-Residents and Foreign Domiciliaries''] by [http://www.kessler.co.uk James Kessler QC]  
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It is the online version of [https://www.kessler.co.uk/taxation-of-foreign-domiciliaries/ ''Taxation of Non-Residents and Foreign Domiciliaries''] by [https://www.kessler.co.uk James Kessler KC]. 
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<div style="float: left; width: 33%">
 
<div style="float: left; width: 33%">
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<big>'''Contents'''</big>
 
<big>'''Contents'''</big>
  
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[http://www.foreigndomiciliaries.co.uk/index.php/Updates Updates]  
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[[Update]]
  
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[[Introduction]]
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:[[Introduction]]
  
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:1  [[Foreign Domicile: Tax Policy and Reforms]]
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:[[Dedication]]
  
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:2  [[Wake Up and Smell the Coffee: Public Debate on Tax Avoidance]]
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:A1  [[FIG Relief/Abolition of Domicile]]
  
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:3  [[Domicile]]
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:'''''<span style="font-size:106%"><span style="color:navy">Non-dom Policy & Avoidance</span></span>'''''
  
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:3A  [[Deemed Domicile from 2017]]
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:1  [[Mobile Individuals: Tax Policy]]
  
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:4  [[Residence of Individuals]]
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:2  [[Tax Avoidance]]
  
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:5   [[Residence of Trustees]]
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:3   [[Targeted Anti-Avoidance Rules (TAARs)]]
  
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:6  [[Treaty-Residence]]
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:'''''<span style="font-size:106%"><span style="color:navy">Domicile & Residence</span></span>'''''
  
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:7   [[Year of Arrival and Departure]]
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:4   [[Domicile]]  
  
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:8   [[Exit Taxes]]
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:5   [[Deemed Domicile]]
  
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:9   [[Temporary Non-residence: Post-2013 Departures]]
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:6   [[Residence of Individuals]]
  
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:9A  [[Temporary Non-residence: Pre-2013 Departures]]
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:7  [[Residence of Trustees]]
  
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:10  [[Remittance Basis]]
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:8  [[Residence of Companies]]
  
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:11  [[The Meaning of Remittance]]
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:9  [[Treaty-Residence]]
  
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:12  [[Remittance Reliefs]]
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:10  [[Split Years]]
  
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:13 [[Mixed Funds]]
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:11 [[Temporary Non-residence]]
  
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:14 [[Income Sources and Categories]]
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:12 [[Exit Taxes]]
  
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:15 [[Trading Income]]
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:13 [[UK Arrival or Departure: Tax Checklist]]
  
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:16  [[Property Income]]
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:'''''<span style="font-size:106%"><span style="color:navy">Income Tax: Principles & Remittance Basis</span></span>'''''
  
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:17 [[Deduction of interest in computing property income]]
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:14 [[Income and its Categorisation]]  
  
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:18 [[Interest Income]]
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:15 [[Income Recognition: Receive/Entitled/Arise/Paid]]
  
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:19 [[Exempt Interest of Non-Residents]]
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:16 [[Source/RFI/Territorial Principles]]  
  
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:20 [[Dividend Income]]
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:17 [[The Remittance Basis]]
  
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:21 [[Royalty Income]]
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:18 [[The Meaning of Remittance]]
  
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:22 [[Employment Income]]
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:19 [[Remittance Reliefs]]
  
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:23 [[PAYE]]
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:20 [[Mixed Funds]]
  
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:24  [[Employment Income: DT Relief]]
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:'''''<span style="font-size:106%"><span style="color:navy">Income by Category</span></span>'''''
  
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:25 [[Pension and Annuity Income]]
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:21 [[Trading Income]]
  
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:26 [[Discretionary Trusts: Income Tax]]
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:22 [[Trading in Land]]
  
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:27 [[IIP Trusts: Income Tax]]
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:23 [[Performers]]
  
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:28 [[Settlor-interested Trusts]]
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:24 [[Property Income]]
  
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:29 [[Transfer of Assets Abroad: Introduction]]
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:25 [[Deduction of interest from Property Income]]
  
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:30 [[Transfer of Assets Abroad: Transferors]]
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:26 [[Interest Income]]
  
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:31 [[Transfer of Assets Abroad: Non-transferors]]
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:27 [[Exempt Interest of Non-Residents]]
  
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:32 [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
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:28 [[Accrued Income Profits]]
  
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:33 [[Transfer of Assets Abroad: Motive Defence]]
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:29 [[Deeply Discounted Securities]]
  
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:34 [[Life Policies and Contracts]]
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:30 [[Dividend Income]]
  
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:35 [[Offshore Funds - Definition]]
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:31 [[Annual Payments]]
  
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:36 [[Offshore Income Gains]]
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:32 [[Intellectual Property Income]]
  
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:37 [[Income from Offshore Funds]]
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:33 [[Misc Sweep-Up Income]]
  
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:38 [[Accrued Income Profits]]
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:34 [[Employment Income]]
  
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:39 [[Deeply Discounted Securities]]
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:35 [[Travel Expenses: Employment Income]]
  
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:40 [[Unit Trusts]]
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:36 [[PAYE]]
  
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:41  [[Intermediated Securities]]
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:36A [[Disguised Remuneration/Trading Income]]
  
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:42  [[Partnerships]]
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:36B [[Employer-Financed Retirement Benefits Scheme]]
  
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:43 [[Non-Residents Income Tax Relief]]
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:37 [[Employment Income: DT Relief]]
  
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:44 [[Collection of Tax from UK Representatives]]
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:38 [[Pension and Annuity Income]]
  
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:45 [[Investment Manager Exemptions]]
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:39 [[Benefit in Kind: Family Home and Chattels]]
  
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:46 [[Loans from Non-Resident Companies]]
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:40 [[Loans from Companies]]
  
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:47  [[Rates of Tax]]
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:'''''<span style="font-size:106%"><span style="color:navy">IT: General</span></span>'''''
  
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:48 [[Personal Allowances and Annual Exemptions]]
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:41 [[Discretionary Trusts: Income Tax]]
  
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:49 [[National Insurance Contributions]]
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:42 [[IIP Trusts: Income Tax]]
  
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:50 [[Capital Gains of UK Residents]]
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:43 [[Rates of Income Tax/CGT]]
  
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:51 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
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:44 [[Personal Allowances]]
  
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:52 [[Capital Payments from Non-Resident Trusts: s.87]]
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:45 [[Non-Residents Income Tax Relief]]
  
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:53 [[Borrowing by Non-resident Trust: Sch 4B]]
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:46 [[National Insurance Contributions]]
  
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:54  [[Gains of Non-Resident Companies]]
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:'''''<span style="font-size:106%"><span style="color:navy">IT Avoidance Codes</span></span>'''''
  
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:55 [[Capital Losses]]
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:47 [[Settlor-interested Trust Code]]
  
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:56 [[Foreign Currency Issues]]
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:48 [[Transfer of Assets Abroad: Introduction]]
  
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:57 [[Unremitted Income: Exchange Control]]
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:49 [[Transfer of Assets Abroad: Transferors]]
  
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:58 [[Double Taxation Agreements: Introduction]]
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:50 [[Transfer of Assets Abroad: Benefits]]
  
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:59 [[Foreign Tax Credit Relief]]
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:51 [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
  
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:60 [[EU Law and UK Taxation]]
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:52 [[Transfer of Assets Abroad: Motive Defence]]
  
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:61 [[Deemed Domicile for IHT]]
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:53 [[Profit Fragmentation]]
  
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:62 [[Excluded Property for IHT]]
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:54 [[Transfer of Income Streams]]
  
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:63 [[Reservation of Benefit]]
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:55 [[Transactions in Securities]]
  
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:64  [[IHT Consequences of Transfers Between Trusts]]
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:'''''<span style="font-size:106%"><span style="color:navy">Capital Gains Tax</span></span>'''''
  
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:65 [[IHT Deduction for Debts]]
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:56 [[Chargeable Gains]]
  
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:66 [[IHT Planning Before and After a Change of Domicile]]
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:57 [[UK Property Held by Non-Residents]]
  
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:67  [[IHT on Death: Wills and IOVs]]
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:58 [[Reorganisations]]
  
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:68 [[Double Inheritance Taxation: Introduction]]
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:59 [[Residential Property: CGT]]
  
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:69 [[IHT DTTs India, Pakistan, Italy, France]]
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:60 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
  
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:70 [[IHT DTT USA]]
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:61 [[Capital Payments from Non-Resident Trusts: s.87 Code]]
  
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:71 [[IHT DTT Switzerland]]
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:62 [[Borrowing by Non-Resident Trust: Sch 4B]]
  
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:72 [[Foreign IHT Credit Relief]]
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:63 [[Sub-Funds]]
  
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:73 [[Marriage with Foreign Domiciliary or Non-Resident]]
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:64 [[Gains of Non-Resident Companies]]
  
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:74 [[Residential Property of Non-Residents: NRCGT]]
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:65 [[Capital Losses]]
  
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:75  [[The Family Home and its Chattels: Benefit in Kind Charges]]
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:'''''<span style="font-size:106%"><span style="color:navy">Funds</span></span>'''''
  
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:76 [[Corporate Residential Property]]
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:66 [[Funds: Terms & Concepts]]
  
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:77 [[Pre-Owned Assets]]
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:67 [[Offshore Income Gains]]
  
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:78 [[Joint Accounts]]
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:68 [[Income from Offshore Funds]]
  
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:79 [[Estates of Deceased Persons: CGT]]
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:69 [[Unit Trusts]]
  
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:80 [[Estates of Deceased Persons: Income Tax]]
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:70 [[Life Policies and Contracts]]
  
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:81 [[Who is the Settlor?]]
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:71 [[Intermediated Securities]]
  
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:82 [[Trusts with Two or More Settlors]]
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:72 [[Investment Manager Exemptions]]
  
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:83 [[Situs of Assets for IHT]]
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:73 [[Investment Management Fees & Carried Interest]]
  
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:84  [[Situs of Assets for CGT]]
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:'''''<span style="font-size:106%"><span style="color:navy">Inheritance Tax</span></span>'''''
  
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:85 [[Foreign Entities]]
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:74 [[IHT Terms and Concepts]]
  
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:86 [[Control Connected Close and Related Expressions]]
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:75 [[Excluded Property: Definition]]
  
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:87 [[Permanent Establishment & Branch/Agency]]
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:76 [[Excluded Property Exemptions]]
  
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:88 [[Disclosure and Compliance]]
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:77 [[Wills and IOVs]]
  
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:89 [[Swiss Tax Agreement Introduction]]
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:78 [[Reservation of Benefit]]
  
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:90 [[STA Clearance Facility]]
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:79 [[Inter-Trust Transfers: IHT]]
  
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:91 [[STA Withholding Tax]]
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:80 [[IHT Deduction for Debts]]
  
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:92 [[Disclosure of Information by Swiss Authorities]]
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:81 [[IHT Close-Company Code]]
  
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:93 [[Criminal Law and Professional Conduct]]
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:82 [[IHT Residential Property Code]]
  
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:[[Appendix 1: Terminology]]
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:83  [[Pre-Owned Assets]]
  
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:[[Appendix 2: Construction of Deeming Provisions]]
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:84  [[Pension IHT]]
  
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:[[Appendix 3: What Do We Mean by "Real"?]]
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:'''''<span style="font-size:106%"><span style="color:navy">Entities</span></span>'''''
  
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:[[Appendix 4: Parliamentarians]]
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:85  [[Partnerships]]
  
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:[[Appendix 5: Visiting Forces]]
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:86  [[Partnership Income: Allocation]]
  
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:[[Appendix 6: Students]]
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:86A [[Salaried Members Code]]
  
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:[[Appendix 7: Entertainers and Sportspeople]]
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:86B [[Partnerships CGT]]
  
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:[[Appendix 8: How to Improve Residence and Domicile Taxation]]
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:87  [[Settlement, Bare Trust, and Associated Terminology]]
  
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:[[Appendix 9: Reform of Non-Residence Anti- Avoidance Rules]]
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:88  [[Estates of Deceased Persons: CGT]]
  
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:[[Appendix 10: Issues to Consider Before UK Arrival or Departure: Checklist]]
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:89  [[Estates of Deceased Persons: Income Tax]]
  
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:[[Appendix 11: Travel Expenses: Employment Income Deduction]]
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:90  [[Foreign Entities]]
  
 +
:91  [[Hybrid Entities]]
  
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</div>
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:'''''<span style="font-size:106%"><span style="color:navy">Topics Affecting More Than One Tax</span></span>'''''
  
 +
:92  [[Protected Trusts]]
  
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<big>'''TFD 2016/17 edition out soon'''</big>
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:93  [[Non-Dom/Non-Resident Spouse]]
  
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The new 2016/17 edition of "Taxation of Non-residents and Foreign Domiciliaries" will be published online on 1 September 2016. The text will be based on the Finance Bill as it then stands. The printed edition of the book, based on the Finance Act in its final form, will be published in October and at that time the online edition will be updated.
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:94  [[Joint Accounts]]
  
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To maintain unbroken access to TFD online you will need a copy of the new edition with an online licence. To obtain these, go to the publishers online ordering [http://www.khpplc.co.uk/products/82/Taxation-of-Non-Residents-and-Foreign-Domiciliaries-15th-Online-Edition here (book)] and [http://www.khpplc.co.uk/products/82/Taxation-of-Non-Residents-and-Foreign-Domiciliaries-15th-Online-Edition here (licence)]
+
:95  [[Foreign Currency Issues]]
  
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Online licences for the current edition will not be valid from 1 September 2015 when the new edition is published.
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:96 [[Cryptoassets]]
  
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:97  [[Unremittable Assets]]
  
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<big>'''About TFD Online'''</big>
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:98  [[ATED and SDLT]]
  
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Most of this website requires you [[Special:Userlogin|to login]].  To obtain a login licence:
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:99  [[Who is the Settlor?]]
  
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- Every copy of the printed book has a 3 week trial licence (see inside back cover of volume 1)
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:100  [[Multiple Settlors]]
  
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- You may purchase a single user online licence (£99 + VAT with a copy of the book) or a multiple user licence:  To obtain the book and online licence, go to [http://www.khpplc.co.uk/ the publishers online ordering] and search for ''Kessler''.  For multiple user licence [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
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:101 [[Statutory Tax Indemnities]]
  
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3 chapters can be accessed without a login: chapters 1 and 2 (which concern policy issues of general interest) and 9A (on a transitional issue which is not set out in full in the printed book).  
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:102 [[Situs of Assets for IHT]]
  
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If you registered before the current edition was published in September 2015, you need to reregister with a password for the current edition. However, if you have not (yet) bought the book you may [[Special:Userlogin|register for a free one day trial]]. There is no charge for a one day trial, but if you find the site useful, and wish to express support or thanks, you are invited to [http://www.justgiving.com/jameskessler/ make a donation to the charity Water Aid].
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:103 [[Situs of Assets for CGT]]
  
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You may enter this site once you have registered and [[Special:Userlogin| logged in]] by clicking on the index below, or you can search the text.
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:104 [[Control Connected Close and Related Expressions]]
  
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Users can also [[contribute to the text and correct slips or errors]] and if you see anything that needs correcting or expanding, please do.  A copy of the next edition of the book will be given to the user who makes the most edits.  User contributions are reviewed by [http://www.taxchambers.com/barrister/oliver-marre/ Oliver Marre]. 
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:105 [[Participation, % Investment & Material Interest Tests]]
  
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The initial data was the current edition of ''Taxation of Non-residents and Foreign Domiciliaries'' published 1 September 2015. 
+
:106 [[Permanent Establishment and Branch/Agency]]
  
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There have been significant updates since the book went to print.  For the list [http://www.foreigndomiciliaries.co.uk/index.php/Updates see here].
+
:'''''<span style="font-size:106%"><span style="color:navy">Double Taxation Agreements IT/CGT</span></span>'''''
  
 +
:107 [[Double Taxation Arrangements: Introduction]]
  
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<big>'''If you want further advice'''</big>
+
:108 [[DTA Anti-abuse Rules]]
  
−
If you do not find the answer to your question in TFD online, or if you want advice on which you can legally rely, you may instruct James Kessler QC to advise.  For further information see [[How to instruct James Kessler QC]].
+
:109 [[Third Party Relief/Savings Clause]]
  
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:110 [[Limitation on Benefits]]
  
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<big>'''TFD archive editions'''</big>
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:111 [[Credit for Foreign Tax]]
  
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There are [[archive editions]] for years since 2008/09.  These will occasionally be useful to investigate the tax position in earlier years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research.
+
:112 [[Non-discrimination]]
  
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:113 [[Mutual Agreement Procedure]]
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:'''''<span style="font-size:106%"><span style="color:navy">Double Taxation Agreements: IHT</span></span>'''''
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:114 [[IHT Double Taxation Treaties: Introduction]]
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:115 [[IHT DTAs: India, Pakistan, Italy, France]]
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:116 [[IHT DTA: Netherlands]]
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:117 [[IHT DTA: South Africa]]
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:118 [[IHT DTA: Switzerland]]
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:119 [[IHT DTA: USA]]
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:120 [[Credit for Foreign IHT]]
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:'''''<span style="font-size:106%"><span style="color:navy">Administration</span></span>'''''
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:121 [[Reporting and Compliance]]
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:122 [[Tax Return Filing Position]]
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:123 [[Claims]]
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:124 [[Collection of IT/CGT from UK Representatives]]
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:125 [[Reporting and Compliance: IHT]]
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:126 [[Penalties]]
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:127 [[Failure to Prevent Tax Evasion]]
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:128 [[Reporting Offshore Trusts]]
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:129 [[International Movement of Capital: Reports]]
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:130 [[Common Reporting Standard]]
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:131 [[Trust Registration (TRS)]]
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:132 [[Customer Due Diligence]]
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:133 [[Money Laundering: Criminal Property]]
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:'''<big>Appendices</big>'''
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 +
:'''''<span style="font-size:106%"><span style="color:navy">Words & Concepts</span></span>'''''
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 +
:[[Appendix 1 Words of Dispute]]
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:[[Appendix 2 Common Legal Expressions]]
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:[[Appendix 3 Family Terminology]]
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:[[Appendix 3A Share/Security Terminology]]
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:[[Appendix 4 Consideration/Arm's Length/Full Value]]
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:[[Appendix 5 Commercial/View to Profit]]
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:[[Appendix 6 Beneficial Ownership/Entitlement]]
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 +
:[[Appendix 7 What Do We Mean by "Real"]]
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:'''''<span style="font-size:106%"><span style="color:navy">Construction of Statutes</span></span>'''''
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 +
:[[Appendix 8 Deeming Provisions]]
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:[[Appendix 9 Purpose in Tax Statutes]]
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:'''''<span style="font-size:106%"><span style="color:navy">Special Taxpayers</span></span>'''''
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 +
:[[Appendix 10 Parliamentarians]]
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:[[Appendix 11 Visiting Forces]]
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:[[Appendix 12 Students and Teachers]]
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 +
:[[Appendix 12A Continental Shelf]]
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 +
:'''''<span style="font-size:106%"><span style="color:navy">Tax Reform</span></span>'''''
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 +
:[[Appendix 13 How to Improve Residence and Domicile Taxation]]
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 +
:[[Appendix 14 Reform of Offshore Anti-avoidance Law]]
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 +
:[[Appendix 15 Citizenship-based Taxation]]
 +
 +
:[[Appendix 16 The Wisdom of Parliament]]
 +
 +
 +
</div>
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 +
 +
<big>'''2024/25 edition'''</big>
 +
 +
The 2024/25 edition of ''Taxation of Non-Residents and Foreign Domiciliaries'' is available online and in paper form.  The online form is the better choice as it is updated during the year.
 +
 +
To access TFD online, you will need an online licence. To obtain this, go to
 +
[https://www.khpplc.co.uk/ the publishers website] or email [mailto:[email protected]?Subject=TFD%20online [email protected]] Licences for previous editions are not valid for the current edition.
 +
 +
If you are an academic, student or other non-tax practitioner who wants access for research purposes, [mailto:[email protected]?Subject=TFD%20online contact James Kessler]
 +
 +
<big>'''How to login'''</big>
 +
 +
Most of this site requires you [[Special:Userlogin|to login]].  You may purchase a single or multiple user licence:  To obtain these [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
 +
 +
Without logging in, you can access:
 +
 +
Chapter A1 [[FIG Relief/Abolition of Domicile]]<br/>Chapter 1 [[Mobile Individuals: Tax Policy]]<br/>Chapter 2 [[Tax Avoidance]]
 +
 +
You enter this site once you have registered and [[Special:Userlogin| logged in]] by clicking on the index on the left, or you can search the text.
 +
 +
You need to register for the current edition. Registration for an earlier edition is no longer valid.
 +
 +
<big>'''Comments please'''</big>
 +
 +
Users can also [[contribute to the text]] and if you can add anything, or spot anything that needs to be corrected, please do!  A copy of the next edition of the book will be given to the user who makes the most edits.  User contributions are reviewed by [https://www.taxchambers.com/team/rebecca-sheldon/ Rebecca Sheldon]. 
 +
 +
<big>'''If you want further advice'''</big>
 +
 +
If you do not find the answer to your question here, or if you want advice on which you can legally rely, you may instruct James Kessler KC or other members of his chambers to advise.  See [[How to instruct James Kessler KC]].
 +
 +
<big>'''Archive editions'''</big>
 +
 +
There are [[archive editions]] for years since 2003/04.  These will be useful to investigate the tax position in earlier years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research.
  
 
<big>'''Contact '''</big>
 
<big>'''Contact '''</big>
Line 275: Line 410:
 
If you have technical problems, or problems logging in, [mailto:[email protected]?Subject=TFD%20Technical%20query click here]
 
If you have technical problems, or problems logging in, [mailto:[email protected]?Subject=TFD%20Technical%20query click here]
  
−
To contact James Kessler QC [mailto:kessler@kessler.co.uk?Subject=TFD%20online click here]
+
To contact James Kessler KC [mailto:jkessler@15oldsquare.co.uk?Subject=TFD%20online click here]
  
−
To contact Oliver Marre, who reviews online contributions, [mailto:OliverMarre@15oldsquare.co.uk?Subject=TFD%20contact%20moderator%20request click here]
+
To contact Rebecca Sheldon, who reviews online contributions, [mailto:RebeccaSheldon@15oldsquare.co.uk?Subject=TFD%20contact%20moderator%20request click here]
  
 
For multiple user licences, or to install on a firm's intranet, [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
 
For multiple user licences, or to install on a firm's intranet, [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
−
 
  
 
<big>'''Technical notes'''</big>
 
<big>'''Technical notes'''</big>
  
−
TFD online is in technical terms a [http://en.wikipedia.org/wiki/Wiki Wiki] on the lines of [http://en.wikipedia.org Wikipedia], but only registered users can edit this wiki.
+
TFD online is a [http://en.wikipedia.org/wiki/Wiki Wiki] on the lines of [http://en.wikipedia.org Wikipedia], but only registered users can edit the text.
 +
 
 +
 
 +
<big>'''TFD Resource Archive'''</big>
  
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Site hosting and management by [http://www.highwiredesign.com: Highwire] </big>
+
To access the TFD reference material, click here: [[TFD Resource Archive]]

Latest revision as of 09:04, 13 November 2024

This site provides comprehensive information about:

  1. Taxation of foreign domiciliaries
  2. Taxation of non-residents on UK income and assets
  3. Taxation of UK residents on foreign income and assets
  4. Other topics arising in this context, including tax avoidance, and disclosure and compliance

It is the online version of Taxation of Non-Residents and Foreign Domiciliaries by James Kessler KC.


Contents

Update

Introduction
Dedication
A1 FIG Relief/Abolition of Domicile
Non-dom Policy & Avoidance
1 Mobile Individuals: Tax Policy
2 Tax Avoidance
3 Targeted Anti-Avoidance Rules (TAARs)
Domicile & Residence
4 Domicile
5 Deemed Domicile
6 Residence of Individuals
7 Residence of Trustees
8 Residence of Companies
9 Treaty-Residence
10 Split Years
11 Temporary Non-residence
12 Exit Taxes
13 UK Arrival or Departure: Tax Checklist
Income Tax: Principles & Remittance Basis
14 Income and its Categorisation
15 Income Recognition: Receive/Entitled/Arise/Paid
16 Source/RFI/Territorial Principles
17 The Remittance Basis
18 The Meaning of Remittance
19 Remittance Reliefs
20 Mixed Funds
Income by Category
21 Trading Income
22 Trading in Land
23 Performers
24 Property Income
25 Deduction of interest from Property Income
26 Interest Income
27 Exempt Interest of Non-Residents
28 Accrued Income Profits
29 Deeply Discounted Securities
30 Dividend Income
31 Annual Payments
32 Intellectual Property Income
33 Misc Sweep-Up Income
34 Employment Income
35 Travel Expenses: Employment Income
36 PAYE
36A Disguised Remuneration/Trading Income
36B Employer-Financed Retirement Benefits Scheme
37 Employment Income: DT Relief
38 Pension and Annuity Income
39 Benefit in Kind: Family Home and Chattels
40 Loans from Companies
IT: General
41 Discretionary Trusts: Income Tax
42 IIP Trusts: Income Tax
43 Rates of Income Tax/CGT
44 Personal Allowances
45 Non-Residents Income Tax Relief
46 National Insurance Contributions
IT Avoidance Codes
47 Settlor-interested Trust Code
48 Transfer of Assets Abroad: Introduction
49 Transfer of Assets Abroad: Transferors
50 Transfer of Assets Abroad: Benefits
51 Transfer of Assets Abroad: Relief from Overlapping Charges
52 Transfer of Assets Abroad: Motive Defence
53 Profit Fragmentation
54 Transfer of Income Streams
55 Transactions in Securities
Capital Gains Tax
56 Chargeable Gains
57 UK Property Held by Non-Residents
58 Reorganisations
59 Residential Property: CGT
60 Gains of Non-Resident Settlor-Interested Trusts: s.86
61 Capital Payments from Non-Resident Trusts: s.87 Code
62 Borrowing by Non-Resident Trust: Sch 4B
63 Sub-Funds
64 Gains of Non-Resident Companies
65 Capital Losses
Funds
66 Funds: Terms & Concepts
67 Offshore Income Gains
68 Income from Offshore Funds
69 Unit Trusts
70 Life Policies and Contracts
71 Intermediated Securities
72 Investment Manager Exemptions
73 Investment Management Fees & Carried Interest
Inheritance Tax
74 IHT Terms and Concepts
75 Excluded Property: Definition
76 Excluded Property Exemptions
77 Wills and IOVs
78 Reservation of Benefit
79 Inter-Trust Transfers: IHT
80 IHT Deduction for Debts
81 IHT Close-Company Code
82 IHT Residential Property Code
83 Pre-Owned Assets
84 Pension IHT
Entities
85 Partnerships
86 Partnership Income: Allocation
86A Salaried Members Code
86B Partnerships CGT
87 Settlement, Bare Trust, and Associated Terminology
88 Estates of Deceased Persons: CGT
89 Estates of Deceased Persons: Income Tax
90 Foreign Entities
91 Hybrid Entities
Topics Affecting More Than One Tax
92 Protected Trusts
93 Non-Dom/Non-Resident Spouse
94 Joint Accounts
95 Foreign Currency Issues
96 Cryptoassets
97 Unremittable Assets
98 ATED and SDLT
99 Who is the Settlor?
100 Multiple Settlors
101 Statutory Tax Indemnities
102 Situs of Assets for IHT
103 Situs of Assets for CGT
104 Control Connected Close and Related Expressions
105 Participation, % Investment & Material Interest Tests
106 Permanent Establishment and Branch/Agency
Double Taxation Agreements IT/CGT
107 Double Taxation Arrangements: Introduction
108 DTA Anti-abuse Rules
109 Third Party Relief/Savings Clause
110 Limitation on Benefits
111 Credit for Foreign Tax
112 Non-discrimination
113 Mutual Agreement Procedure
Double Taxation Agreements: IHT
114 IHT Double Taxation Treaties: Introduction
115 IHT DTAs: India, Pakistan, Italy, France
116 IHT DTA: Netherlands
117 IHT DTA: South Africa
118 IHT DTA: Switzerland
119 IHT DTA: USA
120 Credit for Foreign IHT
Administration
121 Reporting and Compliance
122 Tax Return Filing Position
123 Claims
124 Collection of IT/CGT from UK Representatives
125 Reporting and Compliance: IHT
126 Penalties
127 Failure to Prevent Tax Evasion
128 Reporting Offshore Trusts
129 International Movement of Capital: Reports
130 Common Reporting Standard
131 Trust Registration (TRS)
132 Customer Due Diligence
133 Money Laundering: Criminal Property


Appendices
Words & Concepts
Appendix 1 Words of Dispute
Appendix 2 Common Legal Expressions
Appendix 3 Family Terminology
Appendix 3A Share/Security Terminology
Appendix 4 Consideration/Arm's Length/Full Value
Appendix 5 Commercial/View to Profit
Appendix 6 Beneficial Ownership/Entitlement
Appendix 7 What Do We Mean by "Real"
Construction of Statutes
Appendix 8 Deeming Provisions
Appendix 9 Purpose in Tax Statutes
Special Taxpayers
Appendix 10 Parliamentarians
Appendix 11 Visiting Forces
Appendix 12 Students and Teachers
Appendix 12A Continental Shelf
Tax Reform
Appendix 13 How to Improve Residence and Domicile Taxation
Appendix 14 Reform of Offshore Anti-avoidance Law
Appendix 15 Citizenship-based Taxation
Appendix 16 The Wisdom of Parliament



2024/25 edition

The 2024/25 edition of Taxation of Non-Residents and Foreign Domiciliaries is available online and in paper form. The online form is the better choice as it is updated during the year.

To access TFD online, you will need an online licence. To obtain this, go to the publishers website or email [email protected] Licences for previous editions are not valid for the current edition.

If you are an academic, student or other non-tax practitioner who wants access for research purposes, contact James Kessler

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Chapter A1 FIG Relief/Abolition of Domicile
Chapter 1 Mobile Individuals: Tax Policy
Chapter 2 Tax Avoidance

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Comments please

Users can also contribute to the text and if you can add anything, or spot anything that needs to be corrected, please do! A copy of the next edition of the book will be given to the user who makes the most edits. User contributions are reviewed by Rebecca Sheldon.

If you want further advice

If you do not find the answer to your question here, or if you want advice on which you can legally rely, you may instruct James Kessler KC or other members of his chambers to advise. See How to instruct James Kessler KC.

Archive editions

There are archive editions for years since 2003/04. These will be useful to investigate the tax position in earlier years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research.

Contact

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Technical notes

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TFD Resource Archive

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