SCHEDULES

SCHEDULE 8Deemed domicile: income tax and capital gains tax

PART 1Application of deemed domicile rule

ITA 2007

13

(1)

In section 718 (meaning of “person abroad” etc), after subsection (2) insert—

“(3)

Section 835BA (deemed domicile) applies for the purposes of subsection (1)(b).”

(2)

The amendment made by this paragraph has effect in relation to the tax year 2017-18 and subsequent tax years.