Areas of Tax treaties:
  • Double Taxation Agreements and Tax Information Exchange Agreements

Double Taxation Agreements and Tax Information Exchange Agreements

Negotiating priorities for the year to March 2013 and report on recent developments.

HMRC has announced details of the UK’s treaty negotiating priorities for the year to 31 March 2013.

Details

The Government reviews the UK’s Double Taxation Agreement (DTA) priorities each year to ensure that the treaty network continues to meet the needs of the businesses and individuals receiving income from abroad. The Government also has an ongoing programme of Tax Information Exchange Agreement (TIEA) negotiations with jurisdictions that have committed to implement the international tax standard of transparency and exchange of information for tax purposes. HM Revenue & Customs monitors the DTA networks of other countries and invites representations from business, individuals, representative bodies, other Government departments and others with an interest in this area. We use the results, balanced with an estimate of the resources available, to produce a schedule of work for the year ahead.

Programme to 31 March 2013

We plan to begin negotiations on DTAs and Protocols with Japan, Portugal and Russia among others. We also plan to take forward work on DTAs and Protocols with Austria, Canada, Germany, Iceland, Kosovo, Panama and Turkmenistan. We plan to take forward work on TIEAs with Andorra, Macau, Monaco and Seychelles.

If you wish to make representations about our forward programme please write to:

Jas Sahni
CTIAA Business International (Tax Treaty Team)
HM Revenue & Customs
Room 3/60
100 Parliament Street
London
SW1A 2BQ

Email Jas Sahni

Recent developments

  • Signature of new DTAs/Protocols/TIEAs

The UK signed six agreements in the year ended 31 March 2012:

DTAs

Armenia, China, Ethiopia, Hungary.

DTA Protocols

Singapore.

TIEAs

Marshall Islands.

  • Implementation of signed DTAs/TIEAs

Agreements with Antigua and Barbuda (TIEA), Armenia (DTA), Aruba (TIEA), Belize (TIEA), Dominica (TIEA), Grenada (TIEA), Hungary (DTA), Mauritius (Protocol), Montserrat (Protocol), Qatar (Protocol), San Marino (TIEA), South Africa (Protocol), St Kitts and Nevis (TIEA), St Lucia (TIEA) and St Vincent and the Grenadines (TIEA) entered into force during the year.

Agreements with Brazil (limited DTA), China (DTA), Grenada (TIEA), Liberia (TIEA) and Netherlands Antilles (TIEA) completed their Parliamentary stages during the year.

Full details of these developments may be found on the "Tax Treaties News" section of this web site.