IFM13310 | Offshore Funds: participants in offshore funds: participants within the charge to income tax: introduction and contents

The following pages provide guidance to UK resident investors in offshore funds who are chargeable to:

• income tax on the income and distributions arising from investments in offshore funds

• income tax on the offshore income gains arising on disposals of interests in non-reporting funds

• Capital Gains Tax on the capital gains arising on disposals of interests in reporting funds.