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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 QC]. 
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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]]
  
 
[[Introduction]]
 
[[Introduction]]
  
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:1  [[Foreign Domicile: Tax Policy and Reforms]]
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''Non-dom policy & avoidance''
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 +
:1  [[Foreign Domicile: Tax Policy]]
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 +
:2  [[Tax Avoidance]]
  
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:2  [[Wake Up and Smell the Coffee: Public Debate on Tax Avoidance]]
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''Domicile & residence''
  
 
:3  [[Domicile]]  
 
:3  [[Domicile]]  
  
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:3A  [[Deemed Domicile from 2017]]
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:4  [[Deemed Domicile]]
  
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:4  [[Residence of Individuals]]
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:5  [[Residence of Individuals]]
  
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:5   [[Residence of Trustees]]
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:6   [[Residence of Trustees]]
  
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:6   [[Treaty-Residence]]
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:7   [[Residence of Companies]]
  
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:7   [[Year of Arrival and Departure]]
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:8   [[Treaty-Residence]]
  
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:8   [[Exit Taxes]]
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:9   [[Split Years: Arrival and Departure]]
  
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:9  [[Temporary Non-residence: Post-2013 Departures]]
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:10  [[Temporary Non-residence]]
  
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:9A [[Temporary Non-residence: Pre-2013 Departures]]
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:11 [[Exit Taxes]]
  
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:10 [[Remittance Basis]]
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:12 [[UK Arrival or Departure: Tax Checklist]]
  
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:11  [[The Meaning of Remittance]]
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''Income Tax: Principles & remittance basis''
  
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:12 [[Remittance Reliefs]]
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:13 [[Income Categorisation]]  
  
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:13 [[Mixed Funds]]
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:14 [[Income Recognition: Receive/Entitled/Arise/Paid]]
  
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:14 [[Income Sources and Categories]]
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:15 [[Source/RFI/Territorial Principles]]  
  
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:15 [[Trading Income]]
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:16 [[The Remittance Basis]]
  
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:16 [[Property Income]]
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:17 [[The Meaning of Remittance]]
  
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:17 [[Deduction of interest in computing property income]]
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:18 [[Remittance Reliefs]]
  
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:18 [[Interest Income]]
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:19 [[Mixed Funds]]
  
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:19  [[Exempt Interest of Non-Residents]]
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''Income by category''
  
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:20  [[Dividend Income]]
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:20  [[Trading Income]]
  
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:21  [[Royalty Income]]
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:21  [[Trading in Land]]
  
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:22  [[Employment Income]]
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:22  [[Performers]]
  
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:23  [[PAYE]]
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:23  [[Property Income]]
  
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:24  [[Employment Income: DT Relief]]
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:24  [[Deduction of interest from Property Income]]
  
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:25  [[Pension and Annuity Income]]
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:25  [[Interest Income]]
  
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:26  [[Discretionary Trusts: Income Tax]]
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:26  [[Exempt Interest of Non-Residents]]
  
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:27  [[IIP Trusts: Income Tax]]
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:27  [[Accrued Income Profits]]
  
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:28  [[Settlor-interested Trusts]]
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:28  [[Deeply Discounted Securities]]
  
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:29  [[Transfer of Assets Abroad: Introduction]]
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:29  [[Dividend Income]]
  
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:30  [[Transfer of Assets Abroad: Transferors]]
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:30  [[Annual Payments]]
  
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:31 [[Transfer of Assets Abroad: Non-transferors]]
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:31 [[Intellectual Property Income]]
  
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:32  [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
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:32  [[Misc Sweep-Up Income]]
  
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:33  [[Transfer of Assets Abroad: Motive Defence]]
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:33  [[Employment Income]]
  
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:34  [[Life Policies and Contracts]]
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:34  [[Travel Expenses: Employment Income]]
  
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:35  [[Offshore Funds - Definition]]
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:35  [[PAYE]]
  
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:36  [[Offshore Income Gains]]
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:36  [[Employment Income: DT Relief]]
  
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:37  [[Income from Offshore Funds]]
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:37  [[Pension and Annuity Income]]
  
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:38  [[Accrued Income Profits]]
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''IT: General
  
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:39 [[Deeply Discounted Securities]]
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:38 [[Discretionary Trusts: Income Tax]]
  
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:40 [[Unit Trusts]]
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:39 [[IIP Trusts: Income Tax]]
  
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:41 [[Intermediated Securities]]
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:40 [[Rates of Income Tax/CGT]]
  
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:42 [[Partnerships]]
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:41 [[Personal Allowances]]
  
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:43 [[Non-Residents Income Tax Relief]]
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:42 [[Non-Residents Income Tax Relief]]
  
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:44 [[Collection of Tax from UK Representatives]]
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:43 [[National Insurance Contributions]]
  
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:45  [[Investment Manager Exemptions]]
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''IT avoidance codes''
  
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:46 [[Loans from Non-Resident Companies]]
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:44 [[Settlor-interested Trust Code]]
  
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:47 [[Rates of Tax]]
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:45 [[Transfer of Assets Abroad: Introduction]]
  
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:48 [[Personal Allowances and Annual Exemptions]]
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:46 [[Transfer of Assets Abroad: Transferors]]
  
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:49 [[National Insurance Contributions]]
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:47 [[Transfer of Assets Abroad: Benefits]]
  
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:50 [[Capital Gains of UK Residents]]
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:48 [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
  
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:51 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
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:49 [[Transfer of Assets Abroad: Motive Defence]]
  
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:52 [[Capital Payments from Non-Resident Trusts: s.87]]
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:50 [[Profit Fragmentation]]
  
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:53 [[Borrowing by Non-resident Trust: Sch 4B]]
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:51 [[Transfer of Income Streams]]
  
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:54 [[Gains of Non-Resident Companies]]
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:52 [[Transactions in Securities]]
  
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:55  [[Capital Losses]]
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''Capital Gains Tax''
  
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:56 [[Foreign Currency Issues]]
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:53 [[Chargeable Gains]]
  
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:57 [[Unremitted Income: Exchange Control]]
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:54 [[UK Property Held by Non-Residents]]
  
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:58 [[Double Taxation Agreements: Introduction]]
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:55 [[Residential Property: CGT]]
  
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:59 [[Foreign Tax Credit Relief]]
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:56 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
  
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:60 [[EU Law and UK Taxation]]
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:57 [[Capital Payments from Non-Resident Trusts: s.87]]
  
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:61 [[Deemed Domicile for IHT]]
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:58 [[Borrowing by Non-Resident Trust: Sch 4B]]
  
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:62 [[Excluded Property for IHT]]
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:59 [[Sub-Funds]]
  
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:63 [[Reservation of Benefit]]
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:60 [[Gains of Non-Resident Companies]]
  
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:64 [[IHT Consequences of Transfers Between Trusts]]
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:61 [[Capital Losses]]
  
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:65  [[IHT Deduction for Debts]]
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''Funds''
  
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:66 [[IHT Planning Before and After a Change of Domicile]]
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:62 [[Life Policies and Contracts]]
  
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:67 [[IHT on Death: Wills and IOVs]]
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:63 [[Offshore Funds: Definitions]]
  
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:68 [[Double Inheritance Taxation: Introduction]]
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:64 [[Offshore Income Gains]]
  
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:69 [[IHT DTTs India, Pakistan, Italy, France]]
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:65 [[Income from Offshore Funds]]
  
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:70 [[IHT DTT USA]]
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:66 [[Unit Trusts]]
  
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:71 [[IHT DTT Switzerland]]
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:67 [[Intermediated Securities]]
  
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:72 [[Foreign IHT Credit Relief]]
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:68 [[Investment Manager Exemptions]]
  
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:73 [[Marriage with Foreign Domiciliary or Non-Resident]]
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:69 [[Investment Management Fees & Carried Interest]]
  
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:74  [[Residential Property of Non-Residents: NRCGT]]
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''Inheritance Tax''
  
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:75 [[The Family Home and its Chattels: Benefit in Kind Charges]]
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:70 [[IHT Terms and Concepts]]
  
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:76 [[Corporate Residential Property]]
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:71 [[Excluded Property: Definition]]
  
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:77 [[Pre-Owned Assets]]
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:72 [[Excluded Property Exemptions]]
  
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:78 [[Joint Accounts]]
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:73 [[Wills and IOVs]]
  
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:79 [[Estates of Deceased Persons: CGT]]
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:74 [[Reservation of Benefit]]
  
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:80 [[Estates of Deceased Persons: Income Tax]]
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:75 [[Inter-Trust Transfers: IHT]]
  
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:81 [[Who is the Settlor?]]
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:76 [[IHT Deduction for Debts]]
  
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:82 [[Trusts with Two or More Settlors]]
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:77 [[IHT Close-Company Code]]
  
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:83 [[Situs of Assets for IHT]]
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:78 [[IHT Residential Property Code]]
  
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:84 [[Situs of Assets for CGT]]
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:79 [[Family Home and Chattels: Benefit in Kind Charges]]
  
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:85 [[Foreign Entities]]
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:80 [[Pre-Owned Assets]]
  
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:86 [[Control Connected Close and Related Expressions]]
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:81 [[Loans from Non-Resident Companies]]
  
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:87  [[Permanent Establishment & Branch/Agency]]
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''Entities''
  
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:88 [[Disclosure and Compliance]]
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:82 [[Partnerships]]
  
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:89 [[Swiss Tax Agreement Introduction]]
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:83 [[Partnership Income: Attribution]]
  
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:90 [[STA Clearance Facility]]
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:84 [[Estates of Deceased Persons: CGT]]
  
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:91 [[STA Withholding Tax]]
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:85 [[Estates of Deceased Persons: Income Tax]]
  
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:92  [[Disclosure of Information by Swiss Authorities]]
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:85A [[Settlement, Bare Trust, and Associated Terminology]]
  
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:93 [[Criminal Law and Professional Conduct]]
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:86 [[Foreign Entities]]
  
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:[[Appendix 1: Terminology]]
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:87  [[Hybrid Entities]]
  
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:[[Appendix 2: Construction of Deeming Provisions]]
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''Concepts & topics affecting more than one tax''
  
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:[[Appendix 3: What Do We Mean by "Real"?]]
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:88  [[Protected Trusts]]
  
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:[[Appendix 4: Parliamentarians]]
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:89  [[Non-Dom/Non-Resident Spouse]]
  
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:[[Appendix 5: Visiting Forces]]
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:90  [[Joint Accounts]]
  
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:[[Appendix 6: Students]]
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:91  [[Foreign Currency Issues]]
  
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:[[Appendix 7: Entertainers and Sportspeople]]
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:92  [[Unremittable Assets]]
  
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:[[Appendix 8: How to Improve Residence and Domicile Taxation]]
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:93  [[ATED and SDLT]]
  
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:[[Appendix 9: Reform of Non-Residence Anti- Avoidance Rules]]
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:94  [[Who is the Settlor?]]
  
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:[[Appendix 10: Issues to Consider Before UK Arrival or Departure: Checklist]]
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:95  [[Multiple Settlors]]
  
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:[[Appendix 11: Travel Expenses: Employment Income Deduction]]
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:96  [[Statutory Tax Indemnities]]
  
 +
:97  [[Situs of Assets for IHT]]
  
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</div>
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:98  [[Situs of Assets for CGT]]
  
 +
:99  [[Control Connected Close and Related Expressions]]
  
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<big>'''TFD 2016/17 edition out soon'''</big>
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:100 [[Participation and % interest tests]]
  
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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.
+
:101 [[Permanent Establishment and Branch/Agency]]
  
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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)]
+
:102  [[Post-Brexit EU Law]]
  
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Online licences for the current edition will not be valid from 1 September 2015 when the new edition is published.
+
:103  [[Double Taxation Arrangements: Introduction]]
  
 +
:104  [[DTA Anti-abuse Rules]]
  
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<big>'''About TFD Online'''</big>
+
:105  [[Limitation on Benefits]]
  
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Most of this website requires you [[Special:Userlogin|to login]].  To obtain a login licence:
+
:106  [[Credit for Foreign Tax]]
  
−
- Every copy of the printed book has a 3 week trial licence (see inside back cover of volume 1)
+
:107  [[Non-discrimination]]
  
−
- 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].
+
''Double Taxation Agreements: IHT
  
−
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).  
+
:108 [[IHT Double Taxation Treaties: Introduction]]
  
−
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].
+
:109  [[IHT DTAs: India, Pakistan, Italy, France]]
  
−
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.
+
:110  [[IHT DTA: Netherlands]]
  
−
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]. 
+
:111 [[IHT DTA: South Africa]]
  
−
The initial data was the current edition of ''Taxation of Non-residents and Foreign Domiciliaries'' published 1 September 2015. 
+
:112 [[IHT DTA: Switzerland]]
  
−
There have been significant updates since the book went to print. For the list [http://www.foreigndomiciliaries.co.uk/index.php/Updates see here].
+
:113 [[IHT DTA: USA]]
  
 +
:114  [[Credit for Foreign IHT]]
  
−
<big>'''If you want further advice'''</big>
+
''Administration''
  
−
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]].
+
:115 [[Reporting and Compliance]]
  
 +
:116 [[Tax Return Filing Position]]
  
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<big>'''TFD archive editions'''</big>
+
:117 [[Claims]]
  
−
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.
+
:118 [[Collection of Tax from UK Representatives]]
  
 +
:119 [[Reporting and Compliance: IHT]]
 +
 +
:120 [[Penalties]]
 +
 +
:120A [[Failure to Prevent Tax Evasion]]
 +
 +
:121 [[Common Reporting Standard]]
 +
 +
:122 [[Trust Registration]]
 +
 +
:123 [[Reporting Offshore Trusts]]
 +
 +
:124 [[International Movement of Capital: Reports]]
 +
 +
:125 [[Money Laundering]]
 +
 +
 +
''Appendices'':
 +
 +
''Words & Concepts''
 +
 +
:[[Appendix 1 Words of Dispute]]
 +
 +
:[[Appendix 2 Common Legal Expressions]]
 +
 +
:[[Appendix 3 Family Terminology]]
 +
 +
:[[Appendix 4 Consideration/Arm's Length/Full Value]]
 +
 +
:[[Appendix 5 Commercial/View to Profit]]
 +
 +
:[[Appendix 6 What Do We Mean by "Real"]]
 +
 +
:[[Appendix 7 Deeming Provisions]]
 +
 +
''Special taxpayers''
 +
 +
:[[Appendix 8 Parliamentarians]]
 +
 +
:[[Appendix 9 Visiting Forces]]
 +
 +
:[[Appendix 10 Students and Teachers]]
 +
 +
''Tax reform''
 +
 +
:[[Appendix 11 How to Improve Residence and Domicile Taxation]]
 +
 +
:[[Appendix 12 Reform of Offshore Anti-avoidance Law]]
 +
 +
:[[Appendix 13 The Wisdom of Parliament]]
 +
 +
:[[Appendix 14 Purpose in Tax Statutes]]
 +
 +
 +
</div>
 +
 +
 +
<big>'''2021/22 edition'''</big>
 +
 +
This site contains the text of the 2021/22 edition of ''Taxation of Non-Residents and Foreign Domiciliaries''.  A paper version of the 2021/22 edition is also now available. 
 +
 +
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 2020/21 edition are no longer valid.
 +
 +
If you are an academic 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]].  To obtain a login licence:
 +
 +
Every copy of the printed book has a 3 week trial licence (see inside front cover of volume 1).  To order copies of the book [mailto:[email protected]?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]]<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/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 or other members of his chambers 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 277: Line 381:
 
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 Oliver Marre, who reviews online contributions, [mailto:OliverMarre@15oldsquare.co.uk?Subject=TFD%20contact%20moderator%20request click here]
+
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 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.
  
−
Site hosting and management by [http://www.highwiredesign.com: Highwire] </big>
+
</big>

Revision as of 11:40, 22 July 2021

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 QC.

Contents

Update

Introduction

Non-dom policy & avoidance

1 Foreign Domicile: Tax Policy
2 Tax Avoidance

Domicile & residence

3 Domicile
4 Deemed Domicile
5 Residence of Individuals
6 Residence of Trustees
7 Residence of Companies
8 Treaty-Residence
9 Split Years: Arrival and Departure
10 Temporary Non-residence
11 Exit Taxes
12 UK Arrival or Departure: Tax Checklist

Income Tax: Principles & remittance basis

13 Income Categorisation
14 Income Recognition: Receive/Entitled/Arise/Paid
15 Source/RFI/Territorial Principles
16 The Remittance Basis
17 The Meaning of Remittance
18 Remittance Reliefs
19 Mixed Funds

Income by category

20 Trading Income
21 Trading in Land
22 Performers
23 Property Income
24 Deduction of interest from Property Income
25 Interest Income
26 Exempt Interest of Non-Residents
27 Accrued Income Profits
28 Deeply Discounted Securities
29 Dividend Income
30 Annual Payments
31 Intellectual Property Income
32 Misc Sweep-Up Income
33 Employment Income
34 Travel Expenses: Employment Income
35 PAYE
36 Employment Income: DT Relief
37 Pension and Annuity Income

IT: General

38 Discretionary Trusts: Income Tax
39 IIP Trusts: Income Tax
40 Rates of Income Tax/CGT
41 Personal Allowances
42 Non-Residents Income Tax Relief
43 National Insurance Contributions

IT avoidance codes

44 Settlor-interested Trust Code
45 Transfer of Assets Abroad: Introduction
46 Transfer of Assets Abroad: Transferors
47 Transfer of Assets Abroad: Benefits
48 Transfer of Assets Abroad: Relief from Overlapping Charges
49 Transfer of Assets Abroad: Motive Defence
50 Profit Fragmentation
51 Transfer of Income Streams
52 Transactions in Securities

Capital Gains Tax

53 Chargeable Gains
54 UK Property Held by Non-Residents
55 Residential Property: CGT
56 Gains of Non-Resident Settlor-Interested Trusts: s.86
57 Capital Payments from Non-Resident Trusts: s.87
58 Borrowing by Non-Resident Trust: Sch 4B
59 Sub-Funds
60 Gains of Non-Resident Companies
61 Capital Losses

Funds

62 Life Policies and Contracts
63 Offshore Funds: Definitions
64 Offshore Income Gains
65 Income from Offshore Funds
66 Unit Trusts
67 Intermediated Securities
68 Investment Manager Exemptions
69 Investment Management Fees & Carried Interest

Inheritance Tax

70 IHT Terms and Concepts
71 Excluded Property: Definition
72 Excluded Property Exemptions
73 Wills and IOVs
74 Reservation of Benefit
75 Inter-Trust Transfers: IHT
76 IHT Deduction for Debts
77 IHT Close-Company Code
78 IHT Residential Property Code
79 Family Home and Chattels: Benefit in Kind Charges
80 Pre-Owned Assets
81 Loans from Non-Resident Companies

Entities

82 Partnerships
83 Partnership Income: Attribution
84 Estates of Deceased Persons: CGT
85 Estates of Deceased Persons: Income Tax
85A Settlement, Bare Trust, and Associated Terminology
86 Foreign Entities
87 Hybrid Entities

Concepts & topics affecting more than one tax

88 Protected Trusts
89 Non-Dom/Non-Resident Spouse
90 Joint Accounts
91 Foreign Currency Issues
92 Unremittable Assets
93 ATED and SDLT
94 Who is the Settlor?
95 Multiple Settlors
96 Statutory Tax Indemnities
97 Situs of Assets for IHT
98 Situs of Assets for CGT
99 Control Connected Close and Related Expressions
100 Participation and % interest tests
101 Permanent Establishment and Branch/Agency
102 Post-Brexit EU Law
103 Double Taxation Arrangements: Introduction
104 DTA Anti-abuse Rules
105 Limitation on Benefits
106 Credit for Foreign Tax
107 Non-discrimination

Double Taxation Agreements: IHT

108 IHT Double Taxation Treaties: Introduction
109 IHT DTAs: India, Pakistan, Italy, France
110 IHT DTA: Netherlands
111 IHT DTA: South Africa
112 IHT DTA: Switzerland
113 IHT DTA: USA
114 Credit for Foreign IHT

Administration

115 Reporting and Compliance
116 Tax Return Filing Position
117 Claims
118 Collection of Tax from UK Representatives
119 Reporting and Compliance: IHT
120 Penalties
120A Failure to Prevent Tax Evasion
121 Common Reporting Standard
122 Trust Registration
123 Reporting Offshore Trusts
124 International Movement of Capital: Reports
125 Money Laundering


Appendices:

Words & Concepts

Appendix 1 Words of Dispute
Appendix 2 Common Legal Expressions
Appendix 3 Family Terminology
Appendix 4 Consideration/Arm's Length/Full Value
Appendix 5 Commercial/View to Profit
Appendix 6 What Do We Mean by "Real"
Appendix 7 Deeming Provisions

Special taxpayers

Appendix 8 Parliamentarians
Appendix 9 Visiting Forces
Appendix 10 Students and Teachers

Tax reform

Appendix 11 How to Improve Residence and Domicile Taxation
Appendix 12 Reform of Offshore Anti-avoidance Law
Appendix 13 The Wisdom of Parliament
Appendix 14 Purpose in Tax Statutes



2021/22 edition

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