What is happening in the U.K.? – A review of the tax treatment of non-domiciled individuals - 3 June 2020

Host group
Host Left
Hosted by
STEP New York
Event Type
Web Event
Date

Over the last decade the U.K. has seen many changes to the tax treatment of non-domiciled individuals in the U.K. and significantly increased the focus on the “offshore” world.


In this webinar, we will review:
The current status of the remittance basis of taxation
The “simplified” tax residency rules (Statutory Residency Test) and COVID-19 reliefs
HMRC’s changing attitude towards offshore trusts
Foreign tax credit issues for US Persons living in the U.K.
The “failure to correct” regime and other HMRC enforcement measures
We will explore the current attitude of the U.K. Government towards incoming wealth and consider what this may mean for the future
Brexit update on immigration, tax and regulatory rules

Speakers:

Mark Summers, Partner, Charles Russell Speechlys AG

Iain Younger, Frank Hirth

Contact
Add to Calendar 2020-06-03 00:00:00 2020-06-03 00:00:00 What is happening in the U.K.? – A review of the tax treatment of non-domiciled individuals - 3 June 2020 Over the last decade the U.K. has seen many changes to the tax treatment of non-domiciled individuals in the U.K. and significantly increased the focus on the “offshore” world. In this webinar, we will review: The current status of the remittance basis of taxation The “simplified” tax residency rules (Statutory Residency Test) and COVID-19 reliefs HMRC’s changing attitude towards offshore trusts Foreign tax credit issues for US Persons living in the U.K. The “failure to correct” regime and other HMRC enforcement measures We will explore the current attitude of the U.K. Government towards incoming wealth and consider what this may mean for the future Brexit update on immigration, tax and regulatory rules Speakers: Mark Summers, Partner, Charles Russell Speechlys AG Iain Younger, Frank Hirth STEP New York STEP New York Europe/London public