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  Finance Bill - New Clause 1 - Non-Domiciled Individuals - Protection of Overseas Trusts
  
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  @ MP voted aye for a review of the effects of protections for overseas trusts in relation to new provisions on the tax treatment of non-domiciled individuals.
  @ MP voted no not to undertake a review of the effects of protections for overseas trusts in relation to new provisions on the tax treatment of non-domiciled individuals.
  
  
  The majority of MPs voted not to undertake a review of the effects of protections for overseas trusts in relation to new provisions on the tax treatment of non-domiciled individuals.
  
  MPs were considering the Finance Bill[1].
  
  The proposed new clause rejected in this vote was titled: ''Deemed domicile: review of protection of overseas trusts'' and stated:
  
  :â(1) Within fifteen months of the passing of this Act, the Commissioners for Her Majestyâs Revenue and Customs shall complete a review about the operation of the provisions for the protection of overseas trusts in relation to deemed domicile.
  
  :(2) The review shall in particular considerâ
  
  :(a) the effects of those provisions on the Exchequer,
  
  :(b) the behavioural effects of those provisions, and
  
  :(c) the effects on the matters specified in paragraphs (a) and (b) if those provisions were repealed.
  
  :(3) For the purposes of this section, âthe provisions for the protection of overseas trustsâ means the provisions inserted 18 to 38 and 40 of Schedule 8 to this Act.
  
  :(4) The Chancellor of the Exchequer shall lay a report of the review under this section before the House of Commons within three months of its completion.â
  
  The rejected new clause was accompanied by the following explanatory note:
  
  :This new clause requires a review to be undertaken of the effects of the provisions for protecting overseas trusts from the new provisions in relation to deemed domicile.
  
  
  
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  * [1] [https://services.parliament.uk/bills/2017-19/finance.html Parliament's webpage on the Finance Bill 2017-19]
  
  
  
  
  
  
  
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  