I am not saying that at all. What I am saying is that, where a non-dom has a family trust or some other perfectly legitimate arrangement—they might not have been to this country at all when the trust or arrangement was set up—and is subsequently deemed to be domiciled in this country, it is not unreasonable that the contents of that trust should be protected, with the important caveat that tax is due to the UK tax authorities as soon as income is taken out of the trust.
Finance Bill
Proceeding contribution from
Mel Stride
(Conservative)
in the House of Commons on Tuesday, 31 October 2017.
It occurred during Debate on bills on Finance Bill.
About this proceeding contribution
Reference
630 c742 Session
2017-19Chamber / Committee
House of Commons chamberSubjects
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Timestamp
2017-11-27 11:59:02 +0000
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