Taxation of Chargeable Gains Act 1992 section 16ZA

Losses: non-UK domiciled individuals

Section 16ZA provides a mechanism for non-UK domiciled individuals to elect to have their foreign losses treated as allowable losses, subject to certain conditions and restrictions on timing and use.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.