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Super rich tax dodging non-doms biggest party donors

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    #11
    Originally posted by hugebrain View Post
    I think it's more like you set up an overseas trust to own the house. Similar to your solution but without the jail time. Thanks anyway.
    I believe you'll need to raise an offshore loan through your offshore trust, which could be an interesting exercise. And take into account any interest rate movements. But non-doms are too rich for mortgages anyway

    Some countries (eg Oz) stop considering you a tax resident after 2 years away, so you can send everything offshore and pay no tax on it if you select the right assets...
    Don't ask Beaker. He's just another muppet.

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      #12
      Originally posted by DimPrawn View Post
      Unless you are domiciled here. Where upon ALL income, UK or worldwide is taxable.

      So I assume you don't live in the UK at all?
      Do keep up, the thread's about non-domiciles. Sheesh!





      And no, I don't live in the UK

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        #13
        Originally posted by DimPrawn View Post
        Wow, you sound like a financial genius.

        The non-doms have a simpler means. Tick one box on your tax return (I am a non-dom) and stop paying tax. Beat that.
        Ask a silly question.....you know the rest.
        McCoy: "Medical men are trained in logic."
        Spock: "Trained? Judging from you, I would have guessed it was trial and error."

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