Diplomatic Missions: exemption from Capital Gains Tax
Exemption from Capital Gains Tax on the grounds of diplomatic privilege applies, apart from two exceptions, to chargeable gains made by
- the head of the mission
- members of the diplomatic staff of the mission
members of the administrative and technical staff of the mission. The chargeable gains to which exemption does not apply are those that arise on
- the disposal of private immovable property not held on behalf of the sending State for the purposes of the mission , or
- investments in commercial undertakings in the United Kingdom.
The exemption does not apply to chargeable gains made by
- members of the service staff of the mission or their families, or
- private servants of members of the mission or their families.
If you get a claim to exemption from a member of the family forming part of the household of a person entitled to the exemption refer it to BAI, Business International (Immunities & Privileges).