· The Double Taxation Relief (Isle of Man) Order, SI 2016/749, The Double Taxation Relief (Guernsey) Order, SI 2016/750, and The Double Taxation Relief (Jersey) Order, SI 2016/752, each contain an exchange of letters amending the existing double taxation arrangements between the UK and, respectively, the Isle of Man, Guernsey and Jersey, with the aim of preserving the UK’s taxing rights over a company’s trading profits derived from land in the UK, regardless of where the company is resident, with effect from 16 March 2016. These orders complement the new legislation for ‘transactions in UK land‘, contained in Finance Bill 2016, clauses 75 to 81.
· The Double Taxation Relief and International Tax Enforcement (Uruguay) Order, SI 2016/753, brings into effect the UK/Uruguay Double Taxation Convention, signed on 24 February 2016. The convention has not yet entered into force.
· The Double Taxation Relief and International Tax Enforcement (United Arab Emirates) Order, SI 2016/754, brings into effect the UK/United Arab Emirates Double Taxation Convention, signed on 12 April 2016. The convention has not yet entered into force.
· The Double Taxation Relief (Isle of Man) Order, SI 2016/749, The Double Taxation Relief (Guernsey) Order, SI 2016/750, and The Double Taxation Relief (Jersey) Order, SI 2016/752, each contain an exchange of letters amending the existing double taxation arrangements between the UK and, respectively, the Isle of Man, Guernsey and Jersey, with the aim of preserving the UK’s taxing rights over a company’s trading profits derived from land in the UK, regardless of where the company is resident, with effect from 16 March 2016. These orders complement the new legislation for ‘transactions in UK land‘, contained in Finance Bill 2016, clauses 75 to 81.
· The Double Taxation Relief and International Tax Enforcement (Uruguay) Order, SI 2016/753, brings into effect the UK/Uruguay Double Taxation Convention, signed on 24 February 2016. The convention has not yet entered into force.
· The Double Taxation Relief and International Tax Enforcement (United Arab Emirates) Order, SI 2016/754, brings into effect the UK/United Arab Emirates Double Taxation Convention, signed on 12 April 2016. The convention has not yet entered into force.
.tmb-editorspic.jpg?sfvrsn=df04ab27_1)
