TSEM10405 - Non-resident trusts: beneficiary’s chargeability: introduction
This section considers the United Kingdom tax liabilities arising to UK-resident beneficiaries of non-resident trusts. In particular it looks at:
- Beneficiaries of bare trusts - see TSEM10410
- Beneficiaries with an entitlement to trust income - interest in possession trusts (IIP) trusts - see TSEM10415 to IHTM10430
- Beneficiaries who may receive trust income at the trustees’ discretion - discretionary trusts - see TSEM10435 to TSEM10455
- Capital distributions made to beneficiaries - see TSEM10460