Market leading insight for tax experts
View online issue

Double taxation treaty passport scheme: expanding the scope

Speed read

HMRC has published updated terms and conditions and guidance for the double taxation treaty passport (DTTP) scheme, which expands the scope of its application. The DTTP scheme previously applied only to corporate lending. However, from 6 April 2017 borrowers who are individuals, partnerships or charities, and lenders who are partnerships, pension funds or sovereign wealth funds can also use the DTTP scheme. This is good news for borrowers and lenders operating in the UK market, as the DTTP scheme offers a swifter and simpler route for obtaining relief under UK double taxation treaties than the traditional ‘certified claim’ method.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top