Timms outlines tax negotiating agenda

Stephen Timms has unveiled the onshore and offshore jurisdictions the Treasury will be negotiating tax treaties with until 31 March, 2010.

The financial secretary to the Treasury said the tax agreements are revisited annually to ensure they according to meet the needs of the businesses and individuals receiving income from abroad, tax-news.com

Jurisdictions high on the priority list include Australia, Germany, Israel, Qatar and Thailand.

In addition, the UK is pressing ahead with plans to sign off on a tax information exchange agreement with Anguilla, Gibraltar and the Turks & Caicos Islands.

Further Reading:

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