# Taxation of Chargeable Gains Act 1992, Section 166: Gifts to non-residents.

Extent: E+W+S+N.I.

(1) Subject to section 167A, section 165(4) shall not apply where the transferee is not resident in the United Kingdom.
(2) Section 165(4) shall not apply where the transferee is an individual ... if that individual ... —
(a) though resident ... in the United Kingdom, is regarded for the purposes of any double taxation relief arrangements as resident in a territory outside the United Kingdom, and
(b) by virtue of the arrangements would not be liable in the United Kingdom to tax on a gain arising on a disposal of the asset occurring immediately after its acquisition.

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Source: https://www.legislation.gov.uk/ukpga/1992/12/section/166 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/section-166
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.