HC Deb 17 November 1992 vol 214 cc116-7W
Mr. Barry Field

To ask the Chancellor of the Exchequer if he will list the United States-United Kingdom taxation treaties and agreements together with the dates when they took effect.

Mr. Dorrell

[holding answer 12 November 1992]: Two agreements are in place with the United States.

First, the taxation of income and capital gains is covered by arrangements which comprise a convention dated 31 December 1975, as amended by protocols of 26 August 1976, 31 March 1977 and 15 March 1979. The convention, as amended, in general took effect for the tax year, financial year or chargeable period beginning in 1975. The relevant provisions are detailed in Statutory Instrument 1980: No. 568 titled The Double Taxation Relief (Taxes on Income) (The United States of America) Order 1980.

Second, provisions regarding the taxation of inheritances and gifts are set out in Statutory Instrument 1979: No. 1454 titled The Double Taxation Relief (Taxes on Estates of Deceased Persons and on Gifts) (United States of America) Order 1979. This convention was concluded on 19 October 1978 and took effect from 10 November 1979.