§ Mr. Rookerasked the Chancellor of the Exchequer whether there is a double taxation treaty in force with the Republic of Ireland for the purpose of ensuring that British citizens do not evade the payment of taxation on interest payments.
§ Mr. Denzil DaviesA double taxation agreement is in force with the Republic of Ireland which, among other provisions, enables the relevant tax authorities to exchange information needed for the carrying out of their domestic tax laws including the proper taxation of interest.