Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Changes to remittance basis rules

17 January 2008
Categories: Forum & Feedback
from Jeffrey Gould, Youngstein & Gould

Thank you for reporting in the Update section of your 13 December 2007 edition the comments of professionals regarding the changes to the rules for income and capital gains taxation of non-domiciliaries.

I can confirm that reports that many UK resident non-domiciliaries intend to leave the UK rather than live under the new rules are well-founded insofar as my own small circle of clients and professional colleagues is concerned.

Your publication and many UK professional groups have focussed on the compelling technical objections to the new legislation but I would like to raise three other serious concerns that I believe thus far have not been sufficiently aired.

a. Position of US Citizens.
For US citizens resident in the UK the relief from taxation afforded by the remittance basis has been vital not as a means of achieving tax avoidance but rather in order to mitigate against...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon