Wealth and Asset Management
U.K.’s wealth exodus has only just begun, as the effects of dismantling its multi-billion dollar non-dom tax regime kick in
The U.K.’s overhauling of a divisive tax regime that allowed international millionaires to live in the country while paying lower taxes is triggering an exodus of the rich. A new system replacing the lucrative “non-domicile” tax status took effect on Apr. 6, requiring those with a permanent home abroad but…
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