In how many ways could a UK resident receive money from an offshore trust without having to declare it on his income tax return?
If a UK resident has to pay tax on income or capital gains from an offshore trust, what would be the point of having set it up in the first place?
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2 comments:
Should we ask an IFA?
I'd have to dig out the exam crap I studied. My real work wasn't about these spoiled children.
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