Taxation of offshore trusts: overview

An overview of the taxation of offshore (non-UK resident) trusts set up by UK individuals. This practice note outlines how capital gains tax and income tax apply to offshore trusts, including special rules for trusts for vulnerable beneficiaries. The note links to information about UK trusts and inheritance tax, and deals briefly with stamp taxes and VAT. It is aimed at those who are unfamiliar with the taxation of offshore trusts, or those who require a quick reminder.

Practical Law Private Client


 

The full text of this resource is available by logging in or by requesting a trial. If you have any questions, please contact us or your Practical Law Account Executive.

Free trial

A free trial will give you:

Unlimited access to our online legal know-how services during the trial period
Full training and support
Six issues of Practical Law The Journal, the companion to Practical Law online
Weekly update e-mails on current legal developments in your practice area
 

Login

Subscribers and trialists can login below

Contact Us

If you need assistance logging in or have any questions about our services, please contact us.

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247243582692", "objName" : "Taxation of offshore trusts overview", "userID" : "2", "objUrl" : "http://us.practicallaw.com/cs/Satellite/us/resource/5-383-6759?source=relatedcontent", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "false", "analyticsPermCookie" : "2-5dbad196:1481b862067:-734b", "analyticsSessionCookie" : "2-5dbad196:1481b862067:-734a", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }