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A new comprehensive Double Taxation Convention between the United Kingdom and France was signed in London on 19 June 2008 by the Rt Hon Alistair Darling MP, Chancellor of the Exchequer, and Mme Christine Lagarde, the French Minister for the Economy, Industry and Employment. The text of the new Convention can be accessed on the HMRC website. The text will be laid as a Schedule to a Draft Order in Council for consideration by the House of Commons later this year and will then also be available from the Stationery Office.Welcoming the signature, the Chancellor of the Exchequer, the Rt. Hon Alistair Darling MP said: "This new Convention represents continued progress in our efforts to modernise our network of Double Taxation Conventions and marks a valuable step forward with one of the UK's most important trading and investment partners." The Convention will enter into force once both countries have completed their Parliamentary procedures and it will replace the existing Convention which dates from 1968. The new Convention with France that was signed on 28 January 2004 will not now be presented to Parliament and will therefore not enter into force. |
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About The Author  Sarah Laing Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences). Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession. |
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Article Added Monday, 23 June 2008 | 3325 Hits |
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