UK Parliament / Open data

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.

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.

About this proceeding contribution

Reference

630 c742 

Session

2017-19

Chamber / Committee

House of Commons chamber

Subjects

Legislation

Finance Bill 2017-19
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