Offshore income gains
92(1)Section 761 of ICTA (charge to income tax or corporation tax of offshore income gain) is amended as follows.
(2)For subsection (5) substitute—
“(5)Subsections (1)(b) and (1A) are subject to section 762ZB (income treated as arising: non-UK domiciled individuals to whom remittance basis applies).”
(3)After subsection (7) insert—
“(8)Nothing in subsection (7) affects the application of this section in relation to an offshore income gain treated as arising by virtue of section 762(3).”