In enactments relating to relevant tax, including CGT1, a reference to being resident (or not resident) in the United Kingdom is, in the case of individuals, a reference to being resident (or not resident) in the United Kingdom in accordance with the statutory residence test2.
The determination of the residence of a company for the purposes of computing chargeable gains is the same as for corporation tax3.
In general, a trust is resident in the United Kingdom for CGT purposes if either4:
(1) all of the trustees are resident in the United Kingdom5; or
(2) at least one of the trustees
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