Difference between revisions of "Main Page"
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− | <big>This | + | <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 | ||
− | It is the online version | + | 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 QC]. |
− | + | ||
− | + | ||
<div style="float: left; width: 33%"> | <div style="float: left; width: 33%"> | ||
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<big>'''Contents'''</big> | <big>'''Contents'''</big> | ||
− | [ | + | [[Update]] |
[[Introduction]] | [[Introduction]] | ||
− | :1 [[Foreign Domicile: Tax Policy | + | :1 [[Foreign Domicile: Tax Policy]] |
− | :2 [[ | + | :2 [[Tax Avoidance]] |
:3 [[Domicile]] | :3 [[Domicile]] | ||
− | :4 [[Deemed Domicile | + | :4 [[Deemed Domicile]] |
− | :5 [[ | + | :5 [[Residence of Individuals]] |
− | :6 [[Residence of | + | :6 [[Residence of Trustees]] |
− | :7 [[Residence | + | :7 [[Treaty-Residence]] |
− | :8 [[ | + | :8 [[Exit Taxes]] |
− | :9 | + | :9 [[Split Years: Arrival and Departure]] |
− | :10 [[ | + | :10 [[Temporary Non-residence]] |
− | :11 | + | :11 A [[Income Categorisation]] |
− | : | + | :11 B [[Source/Relevant Foreign Income]] |
:12 [[The Remittance Basis]] | :12 [[The Remittance Basis]] | ||
Line 48: | Line 47: | ||
:15 [[Mixed Funds]] | :15 [[Mixed Funds]] | ||
− | :16 [[Income | + | :16 [[Trading Income]] |
− | :17 [[Trading | + | :17 [[Trading in Land]] |
− | :18 [[ | + | :18 [[Performers]] |
:19 [[Property Income]] | :19 [[Property Income]] | ||
Line 64: | Line 63: | ||
:23 [[Dividend Income]] | :23 [[Dividend Income]] | ||
− | :24 [[ | + | :24 A [[Annual Payments]] |
+ | |||
+ | :24 B [[Intellectual Property Income]] | ||
:25 [[Misc Sweep-Up Income]] | :25 [[Misc Sweep-Up Income]] | ||
Line 70: | Line 71: | ||
:26 [[Employment Income]] | :26 [[Employment Income]] | ||
− | :27 [[Travel Expenses: Employment Income | + | :27 [[Travel Expenses: Employment Income]] |
:28 [[PAYE]] | :28 [[PAYE]] | ||
Line 82: | Line 83: | ||
:32 [[IIP Trusts: Income Tax]] | :32 [[IIP Trusts: Income Tax]] | ||
− | :33 [[Settlor-interested | + | :33 [[Settlor-interested Trust Code]] |
:34 [[Transfer of Assets Abroad: Introduction]] | :34 [[Transfer of Assets Abroad: Introduction]] | ||
Line 88: | Line 89: | ||
:35 [[Transfer of Assets Abroad: Transferors]] | :35 [[Transfer of Assets Abroad: Transferors]] | ||
− | :36 [[Transfer of Assets Abroad: | + | :36 [[Transfer of Assets Abroad: Benefits]] |
:37 [[Transfer of Assets Abroad: Relief from Overlapping Charges]] | :37 [[Transfer of Assets Abroad: Relief from Overlapping Charges]] | ||
Line 94: | Line 95: | ||
:38 [[Transfer of Assets Abroad: Motive Defence]] | :38 [[Transfer of Assets Abroad: Motive Defence]] | ||
− | :39 [[ | + | :39 [[Profit Fragmentation]] |
− | :40 [[ | + | :40 [[Transfer of Income Streams]] |
− | :41 [[ | + | :41 [[Life Policies and Contracts]] |
− | :42 [[ | + | :42 [[Offshore Funds: Definitions]] |
− | :43 [[ | + | :43 [[Offshore Income Gains]] |
− | :44 [[ | + | :44 [[Income from Offshore Funds]] |
− | :45 [[ | + | :45 [[Accrued Income Profits]] |
− | :46 [[ | + | :46 [[Deeply Discounted Securities]] |
− | :47 [[ | + | :47 [[Unit Trusts]] |
− | :48 [[ | + | :48 [[Intermediated Securities]] |
− | :49 | + | :49 A [[Partnerships]] |
− | : | + | :49 B [[Partnership Income Shares]] |
− | : | + | :50 [[Non-Resident Income Tax Relief]] |
− | : | + | :51 [[Collection of Tax from UK Representatives]] |
− | : | + | :52 [[Investment Manager Exemptions]] |
− | : | + | :53 [[Investment Management Fees & Carried Interest]] |
− | : | + | :54 [[Loans from Non-Resident Companies]] |
− | : | + | :55 [[Transactions in Securities]] |
− | : | + | :56 [[Rates of Income Tax/CGT]] |
− | : | + | :57 [[Personal Allowances]] |
− | : | + | :58 [[National Insurance Contributions]] |
− | : | + | :59 [[Chargeable Gains]] |
− | : | + | :60 [[UK Property Held by Non-Residents]] |
− | : | + | :61 [[Residential Property: CGT]] |
− | : | + | :62 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]] |
− | : | + | :63 [[Capital Payments from Non-Resident Trusts: s.87]] |
− | : | + | :64 [[Borrowing by Non-Resident Trust: Sch 4B]] |
− | : | + | :65 [[Protected Trusts]] |
− | : | + | :66 [[Sub-Funds]] |
− | : | + | :67 [[Gains of Non-Resident Companies]] |
− | : | + | :68 [[Capital Losses]] |
− | : | + | :69 [[Foreign Currency Issues]] |
− | : | + | :70 [[Unremittable Assets]] |
− | : | + | :71 [[Double Taxation Arrangements: Introduction]] |
− | : | + | :72 [[DTA Anti-abuse Rules]] |
− | : | + | :73 [[Limitation on Benefits]] |
− | : | + | :74 [[Foreign Tax Credit Relief]] |
− | : | + | :75 [[EU Law and UK Taxation]] |
− | : | + | :76 [[Excluded Property: Definition]] |
− | : | + | :77 [[Excluded Property Exemptions]] |
− | : | + | :78 [[Wills and IOVs]] |
− | : | + | :79 [[Reservation of Benefit]] |
− | : | + | :80 [[Inter-Trust Transfers: IHT]] |
− | : | + | :81 [[IHT Deduction for Debts]] |
− | : | + | :82 [[IHT Close-Company Code]] |
− | : | + | :83 [[IHT Double Taxation Treaties: Introduction]] |
− | : | + | :84 [[IHT DTAs: India, Pakistan, Italy, France]] |
− | : | + | :85 [[IHT DTA: Netherlands]] |
− | : | + | :86 [[IHT DTA: South Africa]] |
− | : | + | :87 [[IHT DTA: Switzerland]] |
− | : | + | :88 [[IHT DTA: USA]] |
− | : | + | :89 [[Foreign IHT Credit Relief]] |
− | : | + | :90 [[IHT Residential Property Code]] |
− | : | + | :91 [[Family Home and Chattels: Benefit in Kind Charges]] |
− | : | + | :92 [[Pre-Owned Assets]] |
− | : | + | :93 [[Non-Dom/Non-Resident Spouse]] |
− | : | + | :94 [[Joint Accounts]] |
− | : | + | :95 [[ATED Taxes]] |
− | : | + | :96 [[Estates of Deceased Persons: CGT]] |
− | : | + | :97 [[Estates of Deceased Persons: Income Tax]] |
− | :[[ | + | :98 [[Who is the Settlor?]] |
− | :[[ | + | :99 [[Trusts with Two or More Settlors]] |
− | :[[ | + | :100 [[Situs of Assets for IHT]] |
− | :[[ | + | :101 [[Situs of Assets for CGT]] |
− | :[[ | + | :102 [[Foreign Entities]] |
− | :[[ | + | :103 [[Hybrid Entities]] |
− | :[[ | + | :104 [[Control Connected Close and Related Expressions]] |
− | :[[ | + | :105 [[Permanent Establishment and Branch/Agency]] |
− | :[[ | + | :106 [[Reporting and Compliance]] |
+ | :107 [[Claims]] | ||
+ | |||
+ | :108 [[Reporting and compliance: IHT]] | ||
+ | |||
+ | :109 [[Reporting Beneficial Owners]] | ||
+ | |||
+ | :110 [[Reporting Offshore Trusts]] | ||
+ | |||
+ | :111 [[Requirement to Correct]] | ||
+ | |||
+ | :112 [[Money Laundering]] | ||
+ | |||
+ | |||
+ | |||
+ | <big>'''Appendices'''</big> | ||
+ | |||
+ | :[[Appendix 1 Words of Dispute]] | ||
+ | |||
+ | :[[Appendix 2 Common Legal Expressions]] | ||
+ | |||
+ | :[[Appendix 3 Family Terminology]] | ||
+ | |||
+ | :[[Appendix 4 Consideration/Arm's Length/Full Value]] | ||
+ | |||
+ | :[[Appendix 5A Commercial/View to Profit]] | ||
+ | |||
+ | :[[Appendix 5B Income Recognition: Receive/Entitled/Arise/Paid]] | ||
+ | |||
+ | :[[Appendix 6 Associated Operations: IHT]] | ||
+ | |||
+ | :[[Appendix 7 Deeming Provisions]] | ||
+ | |||
+ | :[[Appendix 8 The Territorial Principle]] | ||
+ | |||
+ | :[[Appendix 9 What Do We Mean by "Real"]] | ||
+ | |||
+ | :[[Appendix 10 Parliamentarians]] | ||
+ | |||
+ | :[[Appendix 11 Visiting Forces]] | ||
+ | |||
+ | :[[Appendix 12 How to Improve Residence and Domicile Taxation]] | ||
+ | |||
+ | :[[Appendix 13 Reform of Offshore Anti-avoidance Rules]] | ||
+ | |||
+ | :[[Appendix 14 UK Arrival or Departure: Tax Checklist]] | ||
+ | |||
+ | :[[Appendix 15 The Wisdom of Parliament]] | ||
+ | |||
+ | :[[Appendix 16 Participation Test]] | ||
+ | |||
+ | :[[Appendix New: Non-discrimination]] | ||
</div> | </div> | ||
− | <big>''' | + | <big>'''2020/21 edition'''</big> |
− | + | This site contains the text of the 2020/21 edition of ''Taxation of Non-residents and Foreign Domiciliaries'' with some post-publication [[Update | updates]]. | |
− | + | The paper version of the book is also now out. | |
− | + | 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 the 2019/20 edition are no longer valid. | |
− | + | ||
− | + | If you are an academic who wants access for research purposes, [mailto:[email protected].uk?Subject=TFD%20online contact James Kessler] | |
− | + | <big>'''How to login'''</big> | |
− | + | Most of this site requires you [[Special:Userlogin|to login]]. To obtain a login licence: | |
− | + | *** Every copy of the printed book has a 3 week trial licence (see inside back cover of volume 1) To order copies of the book [mailto:aw@khpplc.co.uk?Subject=TFD%20enquiry email the publishers] or [http://khpplc.co.uk/ go to the publishers' website]. | |
+ | * | ||
+ | ** 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 1 [[Foreign Domicile: Tax Policy]] | ||
+ | :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 not valid. | ||
− | <big>''' | + | <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/ross-birkbeck/ Ross Birkbeck]. | |
+ | <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 QC to advise. See [[How to instruct James Kessler QC]]. | ||
+ | |||
+ | <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 271: | Line 335: | ||
To contact James Kessler QC [mailto:[email protected]?Subject=TFD%20online click here] | To contact James Kessler QC [mailto:[email protected]?Subject=TFD%20online click here] | ||
− | To contact | + | To contact Ross Birkbeck, who reviews online contributions, [mailto:rossbirkbeck@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 | + | 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. |
Site hosting and management by [http://www.highwiredesign.com: Highwire] </big> | Site hosting and management by [http://www.highwiredesign.com: Highwire] </big> |
Revision as of 09:17, 3 July 2020
This site provides comprehensive information about:
- Taxation of foreign domiciliaries
- Taxation of non-residents on UK 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
It is the online version of Taxation of Non-Residents and Foreign Domiciliaries by James Kessler QC.
Contents
- 3 Domicile
- 15 Mixed Funds
- 18 Performers
- 24 A Annual Payments
- 28 PAYE
- 47 Unit Trusts
- 49 A Partnerships
- 66 Sub-Funds
- 88 IHT DTA: USA
- 95 ATED Taxes
- 102 Foreign Entities
- 103 Hybrid Entities
- 107 Claims
- 112 Money Laundering
Appendices
2020/21 edition
This site contains the text of the 2020/21 edition of Taxation of Non-residents and Foreign Domiciliaries with some post-publication updates.
The paper version of the book is also now out.
To access TFD online, you will need an online licence. To obtain this, go to the publishers website or email [email protected]
Licences for the 2019/20 edition are no longer valid.
If you are an academic who wants access for research purposes, contact James Kessler
How to login
Most of this site requires you to login. To obtain a login licence:
- Every copy of the printed book has a 3 week trial licence (see inside back cover of volume 1) To order copies of the book email the publishers or go to the publishers' website.
-
- You may purchase a single or multiple user licence: To obtain these contact the publishers.
- Without logging in, you can access:
- Chapter 1 Foreign Domicile: Tax Policy
- Chapter 2 Tax Avoidance.
You enter this site once you have registered and 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 not valid.
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 Ross Birkbeck.
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 QC to advise. See How to instruct James Kessler QC.
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
If you have technical problems, or problems logging in, click here
To contact James Kessler QC click here
To contact Ross Birkbeck, who reviews online contributions, click here
For multiple user licences, or to install on a firm's intranet, contact the publishers.
Technical notes
TFD online is a Wiki on the lines of Wikipedia, but only registered users can edit the text.
Site hosting and management by Highwire