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Pocketmags Digital Magazines
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Pocketmags Digital Magazines

HMRC waters down non-UK domicile tax proposals

Changes to the treatment of overseas trusts held by non-UK domiciles have been delayed by the UK government, amid concerns the reforms may force out the wealthiest foreigners living in the UK.

HM Revenue & Customs (HMRC) published a technical briefing, which explained the reason for the decision.

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