Market leading insight for tax experts
View online issue

New UK/USA Tax Treaty

Alec Ure Senior Technical Adviser at Gissings Ltd looks at the far-reaching pension implications of the new Tax Treaty between the UK and the USA
So it has happened at last. The long awaited UK/USA Double Taxation Agreement finally came into force on 31 March 2003. The Treaty had been signed during the summer of 2001 and was awaiting ratification at the time of the sad events of 11 September in that year. Subsequent to these dramatic events an Amending Protocol was drawn up in the summer of 2002. This Protocol swept up some previously overlooked USA withholding tax issues concerning USA equities in certain pooled investment vehicles. The Treaty1 now encompasses both Protocols and follows soundly the OECD Model Tax Convention.
For the first time the Treaty...

If you or your firm subscribes to, 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 '' for further assistance.