Non-dom: Des res tax

The UK government doesn’t want to tax «non-doms» because it is afraid of driving them off-shore. Alistair Darling, the new finance minister, repeated as much this week. But do the ministers and officials who are advising them know what they are talking about? Sometimes those who support the tax status for non-doms - foreigners who live in the UK but are not domiciled there for tax purposes - vaguely suggest they could run off to another tax haven like Switzerland. This ignores an important fact:...