24 Jun 2008
Chancellor Alistair Darling and Christine Lagarde, the French minister for economy, industry and employment, have signed a comprehensive double taxation convention for consideration by the House of Commons later this year.
Darling said the new convention represented ‘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’, according to TaxationWeb.co.uk.
The convention will enter into force and replace the existing convention of 1968 after passing through the parliamentary systems of both countries.
A convention with France signed on 28 January 28, 2004 will now not be presented to Parliament and will therefore not enter into force.
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.