TSEM10225 - Non-resident trusts: trustees바카라 사이트 chargeability: Income Tax - FOTRA securities
FOTRA stands for 바카라 사이트Free of Tax to Residents Abroad바카라 사이트. The securities involved are British 바카라 사이트 gilts.
If HMRC has confirmed that interest paid to the trustees of a non-resident trust on FOTRA securities is exempt from charge, then no tax is due.
Otherwise the effect of ITA07/S811 (TSEM10215) is considered in respect of a charge to tax on such interest.