HMRC consultation outcome: Non-resident companies chargeable to income tax and non-resident capital gains tax

Released 01 December 2017

HMRC have published responses to the consultation on charging non-resident companies to corporation tax on UK property income and gains.

In March 2017, the Government consulted on the case and options for bringing non-resident companies’ UK property income and gains (previously chargeable to income tax and CGT) into corporation tax. This change would deliver more equal tax treatment for UK and non-resident companies, and take steps to prevent those that use this disparity to reduce their tax bill through offshore ownership. At Autumn Budget 2017, the Government announced that it will make this change in April 2020.

View the summary of responses at Consultation outcome Non-resident companies chargeable to income tax and non-resident capital gains tax.

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