SCHEDULES
SCHEDULE 8Deemed domicile: income tax and capital gains tax
PART 1Application of deemed domicile rule
ITA 2007
12
1
In section 476 (how to work out whether settlor meets condition C in section 475), after subsection (3) insert—
3A
Section 835BA (deemed domicile) applies for the purposes of subsections (2)(b) and (3)(b).
2
The amendment made by this paragraph has effect—
a
so far as relating to section 476(2)(b) of ITA 2007, in relation to a settlor who dies on or after 6 April 2017;
b
so far as relating to section 476(3)(b) of ITA 2007, in relation to a settlement made on or after 6 April 2017.