Foreign Domiciliaries and Offshore Trusts and Companies Post Finance Acts 2017 and Autumn Budget Speech

Foreign Domiciliaries and Offshore Trusts and Companies
Post Finance Acts 2017 and Autumn Budget Speech

An Afternoon Two Silk Seminar at The Law Society’s Hall, London WC2A

Wednesday December 13th 2017

Delegate Fees
£500.00 + VAT (£100) = £600
Early booking fee for bookings received before November 6th
£400 + VAT (£80) = £480

For Booking please contact aw.khpplc@khpplc.co.uk

The September 2017 Finance Bill contains far-reaching retrospective changes to the taxation of offshore domiciliaries.

Even after this Finance Bill becomes law this autumn, much will be capable of being done by way of forward planning by those not yet UK domiciled (or deemed domiciled) or not yet UK resident.

Proposed changes to the capital gains tax and income tax rules re capital payments from offshore trusts and indirect payments or benefits from offshore trust were announced on September 13th. Much can be done by planning prior to April 2018.

A panel of barristers from Old Square Tax Chambers will discuss tax planning in the light of the 2017 Finance Acts, the September 13th proposed changes and the Autumn Budget Speech (November 22nd).

Speakers

Robert Venables Q.C. (Chairman)

James Kessler Q.C.

Oliver Marre

Mary Ashley

All the speakers are from Old Square Tax Chambers, Lincoln’s Inn, WC2A 3UE, 020 7242 2744, taxchambers@15oldsquare.co.uk.

PROVISIONAL TIMETABLE

13.00 Registration and light lunch

14.00 Chairman’s Introduction

14.05 Deemed Domicile Rules, Rebasing and Cleansing – Mary Ashley

Long-Term Residents – United Kingdom Residents with United Kingdom Domicile of Origin – Transitional Provisions – Excluded Settlements – Rebasing – Cleansing

14.40 Inheritance Tax on Indirectly Held UK Residences – James Kessler Q.C.

The New Rules – Properties Held in Companies, Trusts and Partnerships – Creditor’s Rights – Planning

15.15 Offshore Trusts and Companies: Capital Payments and Benefits – Robert Venables Q.C.

New Rules for Offshore Trusts, their Settlors and Beneficiaries – Compatibility of new rules with EU Law and EFTA Law. Shareholders etc in Offshore Companies – Compatibility of new rules with EU Law and EFTA Law.

15.40 Protected Income and Gains of Settlements, Trusts and Companies – Oliver Marre

New categories of “protected income” – Income Tax (Trading and Other Income) Act 2005 Settlement Provisions – Transfer of Assets Abroad Provisions – Protected capital gains of trusts, settlements and companies

16.15 Discussion Session with Tea

16.30 Planning – Robert Venables Q.C.

Planning for Those Not Yet (Deemed) United Kingdom Domiciled and / Or Resident – Planning in Anticipation of New Capital Payments and Benefits Rules

17.00 Panel Session and Questions to Speakers

17.30 Close of Seminar

Delegate Fees

£500 + VAT (£100) = £600
Early booking fee for bookings received before November 6th
£450 + VAT (£90) = £540

For Booking please contact aw.khpplc@khpplc.co.uk

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