UK-Austria DTT
Posted: Sun Feb 10, 2019 3:30 pm
Hello!
I am wondering whether anyone here is familiar with the Double Taxation Treaty between UK and Austria.
In a nutshell, I am wondering whether an Austrian resident, who has a limited company in the UK, would be taxed twice: both in the UK and Austria on Divident payments and/or income tax if such resident does not live in the UK and operates from Austria. The UK company would be receiving payments from within the UK. The Austrian resident would be a sole Director and Shareholder of the UK Ltd.
My main question would therefore be: 1) Would the company be paying Corporation tax in the UK and; 2) Would the individual be taxed in the UK RE: dividents/income tax.
Thank you!
Tom
I am wondering whether anyone here is familiar with the Double Taxation Treaty between UK and Austria.
In a nutshell, I am wondering whether an Austrian resident, who has a limited company in the UK, would be taxed twice: both in the UK and Austria on Divident payments and/or income tax if such resident does not live in the UK and operates from Austria. The UK company would be receiving payments from within the UK. The Austrian resident would be a sole Director and Shareholder of the UK Ltd.
My main question would therefore be: 1) Would the company be paying Corporation tax in the UK and; 2) Would the individual be taxed in the UK RE: dividents/income tax.
Thank you!
Tom