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Wednesday, March 21, 2012
The domiciled, the deemed domiciled and the completely baffled: who is affected by UK IHT
The difference between domiciled and “deemed” domiciled is more than just an extra six letters.Chargeability to UK IHT, for example, depends on where a person is domiciled or ‘deemed’ to be domiciled. If a person is domiciled or deemed domiciled in the UK, they are liable to IHT on their worldwide assets, wherever these happen to be situated. Read more... posted by Charles Monat Associates at 5:42 PM
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