Publisher's Synopsis
Booth and Schwarz: Residence, Domicile and UK Taxation, 17th Edition provides a crisp analysis of this rapidly developing subject and expertly examines residence and other fiscal connections for individuals, companies and trusts. Detailed analysis of the Statutory Residence Test: For nearly 30 years, this work has provided authoritative, in-depth guidance on the law of residence. The Statutory Residence Test (SRT) for individuals in Finance Act 2013 is the most significant development in determining international taxing jurisdiction since the introduction of income tax in 1799. This fully revised edition critically analyses the new SRT for individuals, split year treatment and temporary non-residence. It also provides up-to-date commentary on common law residence and HMRC practice which will remain relevant for years to come. This edition offers comprehensive coverage of the following key topics: Resolution of dual residence in light of Yates v HMRC; Tax residence of companies including special rules for CFCs, dual resident investing companies and transfer pricing; Tribunal jurisdiction in residence disputes after the Court of Appeal ruling in Daniel v HMRC; Resolving residence disputes and appeals; Residence of trusts, estates and partnerships; EU law relating to residence; Residence-related tax compliance under the SRT. Booth and Schwarz: Residence, Domicile and UK Taxation is an invaluable book for all accountants, lawyers and advisers to individuals and multinational companies.
