20 November 2018

Offshore income gains and “not-so-protected” settlements: an unwelcome announcement from HMRC

HMRC has surprised many with a statement that the government does not intend to remedy a defect in the tax treatment of offshore income gains arising in non-resident trusts.

In this briefing we explain what has happened, what to do if you are affected, and reflect on what might happen next.

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Chambers HNW Guide 2018
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