The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
from Hugo Dixon:
Hugo Dixon is Editor-at-Large, Reuters News. The opinions expressed are his own.
Britain’s treatment of its so-called “non-doms” gives some rich people an unwarranted tax break. If they qualify as being “domiciled” abroad, even if they live in the UK permanently, they can pay tax only on income generated in Britain. Britons usually have to pay tax on their global incomes.