Legal
New trust and tax reporting obligations for UK Resident Non Doms – a Mini UK FATCA? by Withers
Introduction UK resident non-domiciliaries (RNDs), who have offshore bank accounts and interests in non-UK structures, are currently not required to provide any information about those accounts/structures to HMRC, provided that they claim the remittance basis of taxation in the UK, those accounts do not hold assets which produce UK source…
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