ERSM163030 - International from 6 April 2015: remittance of chargeable foreign securities income and the interaction with capital gains - from 6 April 2015: unchargeable, and unremitted chargeable, foreign securities income

“Unchargeable foreign securities income” is defined in TCGA92/S119B(1A) as being unchargeable foreign securities income for the purposes of ITEPA03/S41F (taxable specific income: internationally mobile employees etc)

“Unremitted chargeable foreign securities income” is defined in TCGA92/S119B(2) as meaning income that:

• is chargeable foreign securities income for the purposes of ITEPA03/S41F , and
• has not been remitted to the United Kingdom by the end of the tax year in which the disposal mentioned in TCGA92/S119A(1) occurs.