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19 Feb 2010
Tax policymakers are fine-tuning plans to harden the rules on residency for super-rich tax exiles after tycoon Robert Gaines-Cooper failed to convince a court he was a non-resident.
The Treasury is paving the way for a "statutory residency test" which could affect super-rich individuals living abroad but still claiming links with the UK.
A government source told the Guardian: "The government is considering the feasibility of introducing a statutory residence test and is working with external stakeholders to explore options."
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Briefings
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AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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