Amid Brexit uncertainty and the upcoming general election, it is very easy to get caught up in the potential UK impacts for UK domiciled clients. However, since high net worth individuals (HNWIs) are increasingly more mobile, it would be beneficial to examine the opportunities and threats these events pose to non-UK domiciled individuals (non doms).
Elena Solovyeva, a corporate tax manager at Edwin Coe and a Russian qualified lawyer, spoke to eprivateclient about the potential impact current events could have on Russian HNWIs.
In terms of the Common Reporting Standard (CRS), the UK has not exchanged tax-re...