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Fri, Nov 21 2008

Details of tax treaties unveiled
20/08/2008

HMRC has released details of UK’s tax treaty negotiating priorities for the year ending March 31, 2009

Financial Secretary Jane Kennedy has released details of UK’s treaty negotiating priorities for the year ending March 31, 2009, revealing HM Revenue & Customs (HMRC) plans to complete work on new double taxation conventions (DTCs) with the Netherlands, Ethiopia, Libya and Thailand; and on Tax Information Agreements with Brazil, Jersey, Guernsey, Isle of Man and the British Virgin Islands.

Kennedy said HMRC also intended to progress negotiations with China, US, Spain, Belgium, Luxembourg and Hungary and start negotiations with Australia, Canada, Israel and Spain.