On 21 December 2016, the exchange of letters of double tax treaty (DTA) between United Kingdom and Canada was entered into force and that was signed on 11 August 2015 by the United Kingdom and on 27 July 2015 by Canada. As of 21 December 2016 the exchange of letters was applied.
Related Posts
UK introduces regulations for second late tax penalty
November 20, 2024
The UK government has announced new regulations regarding Penalties for Failure to Pay Tax (Schedule 26 to the Finance Act 2021) (Assessments) Regulations 2024 on 12 November 2024 aimed at tightening penalties for late tax payments. The updated
Read More
Romania, UK sign new income tax treaty
November 18, 2024
Officials from Romania and the United Kingdom signed a new income and capital tax treaty on 13 November 2024. The agreement will come into force once the ratification instruments have been exchanged. Upon becoming effective, it will supersede
Read More
Korea, UK negotiate enhanced FTA
November 15, 2024
A release from the Ministry of Trade, Industry and Energy of the Republic of Korea on 11 November 2024, announced that the third round of negotiations for an enhanced free trade agreement (FTA) between Korea and the UK is taking place in Seoul
Read More
UK: HMRC publishes new guidelines for patent box computations assistance
November 14, 2024
The UK tax authority, His Majesty's Revenue & Customs (HMRC) has released new guidelines to assist with Patent Box computations GfC9, on 7 November 2024, to address common errors in Patent Box computations. The aim is to improve compliance by
Read More
Canada: Parliamentary Budget Officer says AMT changes to cut income tax revenues by CAD 598m
November 14, 2024
The Canadian Parliamentary Budget Officer (PBO) has presented updates on 7 November 2024 regarding Canada's Alternative Minimum Tax (AMT) changes outlined in the 2024 Budget. Budget 2024 introduced amendments to the Alternative Minimum Tax (AMT)
Read More Romania approves signing of new tax treaty with UK
November 13, 2024
Romania’s government has approved the signing of a new income tax treaty with the UK on 7 November 2024. This new income tax treaty will supersede the existing Romania - United Kingdom Income Tax Treaty of 1975. Previously, on 18 October
Read More