The rules regarding operation of the NRLS and NRCGT for non-UK residents apply equally to non-resident trustees holding UK residential property.

Trust taxation can be particularly complex and it is not possible to cover all scenarios in this chapter. However, in order to consider the rules as they apply to non-residents, it is necessary to understand some of the principles.

Broadly, a trust is non-resident where all of the trustees are non-resident. But if there are UK-resident trustees, the residence status of the trust will depend upon the residency and domicile position of the settlor when the trust was created.

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