A new Bank Levy Agreement between the UK and the Federal Republic of Germany was signed in London on 7 December 2011 by Mark Hoban MP, Financial Secretary to the Treasury and Georg Boomgaarden, Ambassador of the Federal Republic of Germany.
The purpose of the Agreement is to eliminate double charging where a bank is chargeable to the bank levy in both countries. There is also a specific measure providing for the exchange of information in relation to the levies covered by the Agreement.
The text of the Agreement is available on the HM Revenue & Customs website, and will be published by the Stationery Office as soon as it is presented to Parliament for approval.
Go to Tax treaties signed/not in force
The Agreement enters into force once both countries have completed their legislative procedures.
HM Revenue & Customs
December 2011
