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Squire Patton Boggs | USA, United Kingdom | 9 Sep 2011

£30,000 non-dom charge: the IRS agree to a tax credit

When the non-dom charge was introduced in 2008, the Budget papers contained a lengthy opinion obtained by HMRC from Skadden, Arps, Slate, Meagher and Flom LLP, the distinguished US firm, to the effect that credit would be available for the £30,000 charge against the individual’s liability to US tax.


Squire Patton Boggs | United Kingdom | 5 Jan 2011

£30,000 non-dom charge

Many people are steeling themselves for the payment of the £30,000 non-dom charge on 31 January so that they can continue to benefit from the remittance basis.

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