SCHEDULES
SCHEDULE 8Deemed domicile: income tax and capital gains tax
PART 2Protection of overseas trusts
21ITTOIA 2005
In section 624 (income under a settlement where settlor retains an interest), in subsection (3) (which lists provisions containing exceptions)β
a
omit the βandβ at the end of the entry for section 627, and
b
after the entry for section 628 insert
, and
section 628A (exception for protected foreign-source income).