Harcus Sinclair hosting seminar on resident non-domiciliaries, implications of EU law and Brexit22/11/17
We will be holding an evening seminar on Tuesday 28 November 2017. Jonathan Burt, a partner in Harcus Sinclair’s Private Client department, together with James Rivett, a leading barrister at Pump Court Tax Chambers, will review the developing situation as regards the taxation of UK residents with interests in overseas trusts and trust-like structure and explore the overlap with EU law and the implications of Brexit.
These are taxing and testing times for the majority of the world because they are non-domiciliaries. An era of real uncertainty is now drawing to a close; by the time of this seminar the government should have enacted the tax changes backdated to 6 April 2017 and progressed yet further proposals which come into effect on 6 April 2018.
In addition to exploring the implication of the changes for non-domiciliaries, Jonathan and James will be commenting specifically on:
- The new 15 year rule – we will overview the threats and the opportunities.
- The new trust anti-avoidance rules focusing on the taxation of trust gains and income under the new regime.
- How to ensure a trust enjoys protected status after the settlor becomes deemed domiciled – what points occur in practice and what do you watch out for given the draconian consequences of tainting a trust?
- How to deal with civil law entities like Foundations in practice.
- The implications of Routier v HMRC which determined that Jersey is a third country for the purposes of EU rules on freedom of movement of capital – this is highly significant and we will explain why it is so for tax reasons and the circumstances in which UK residents could make an unexpected claim for a tax refund.
Please note that we are now fully booked for this seminar. However, if you would like to be informed if any spaces become available, please send an email to firstname.lastname@example.org.