If you decide to offer tax or tax services, you will receive an offer that will allow you to decide whether you want to continue or not. We`re here to help you with tax planning. For more information, under what circumstances, please contact us today. The double taxation convention can be complicated. Dual-residences must ensure that the amount of tax is paid, recovered or billed in each country. In some cases, more than two countries are involved. For example, in the United Kingdom, a foreigner may live as an expatriate and deduct income from a third country and should be familiar with the DBA Act to ensure that only the appropriate amount of tax has been paid in the country concerned. That`s why we offer a first free consultation with a qualified accountant that will give you answers to your questions and help you understand if a double taxation agreement could apply to you and help you save huge amounts of unnecessary taxes. If one of the four audits fails, the portion of the withholding tax that is considered recoverable in accordance with the terms of the contract is not refunded. The protocol became necessary to appease the European Commission, which had considered that the agreement could be contrary to the European Treaty. By threatening to refer the matter to the European Court of Justice, the United Kingdom and Switzerland have agreed that account holders who have already paid the 35% withholding tax due under the European Savings Tax will be subject to a final withholding tax of 13% in order to reduce the tax debt on interest payments. Tax Information Guide: Africa`s Leading Economies 2018 Overview of the Tax and Investment Environment in 44 African countries, including Africa. The guide contains income tax rates, withholding tax, a list of double taxation agreements, information on other taxes, investment incentives and important business data.
Published by Deloitte in May 2018. All countries have different rules when it comes to double taxation conventions, so it is important to adopt a specific policy between the countries concerned. There is a recent list of countries (revised in October 2018) that have a double taxation agreement with the UK. Look at tax rates, the latest tax news and information on double taxation agreements with our specialized online resources, guides and useful links. If a person is considered non-resident in the United Kingdom under double taxation agreements, that person would only be taxable in the United Kingdom if the income comes from activities in the United Kingdom.