UK: Sea-change For 'Non-doms' As Remittance Basis Taxation Scrapped From 2025

On 6 March, 2024, the UK’s Chancellor, Jeremy Hunt, announced that, from 6 April 2025, the remittance basis of taxation, long a hallmark of the tax ecosystem for non-UK domiciliaries, will be abolished and replaced by a new four-year foreign income and gains regime.

Cayman Islands: Virtual Asset…