Against domicile as a connecting factor to tax overseas trusts and global wealth

IF 0.2 Q4 LAW
John Lidbetter
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引用次数: 0

Abstract

Abstract An enduring dilemma is how to tax overseas trusts consistently with the Revenue’s competing goals of raising revenue, whilst also attracting wealthy individuals to invest in the UK. This article suggests that the current approach to taxing overseas trusts achieves neither goal. The main issue, it is contended, lies in the connecting factors utilised to charge overseas trusts. This article argues that (i) domicile should be abandoned as a connecting factor to tax trusts and (ii) greater emphasis should be placed on the settlor and beneficiary’s long-term residence.
反对将住所作为对海外信托和全球财富征税的联系因素
一个长期存在的难题是,如何对海外信托征税,既要符合英国税务局提高收入的竞争目标,又要吸引富有的个人在英国投资。本文认为,现行的海外信托征税方式没有达到这两个目标。他们认为,主要问题在于向海外信托收取费用的关联因素。本文认为:(1)应当放弃住所作为税收信托的联系因素;(2)应当更加重视委托人和受益人的长期居住地。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
自引率
66.70%
发文量
92
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