TaxCorporate TaxUK and Libya kick off double taxation convention

UK and Libya kick off double taxation convention

First ever double taxation convention between UK and Libya has come into force after being signed in 2008

A groundbreaking double taxation agreement between Libya and the UK has come
into force, the taxman has announced.

The deal was originally signed in 2008 but has now been incorporated into
law.

In the UK, the provisions of the convention took effect from 1 April 2010 for
Corporation Tax purposes and from 6 April 2010 for income tax and capital gains
tax purposes. In Libya the provisions will take effect from 1 January 2011.

Further reading:

UK,
France sign major double taxation convention

Related Articles

‘Google tax’ nets HMRC £281m

Corporate Tax ‘Google tax’ nets HMRC £281m

3m Emma Smith, Managing Editor
OTS report: Corporation tax should follow accounts

Corporate Tax OTS report: Corporation tax should follow accounts

5m Alia Shoaib, Reporter
HMRC tax evasion assistance requests double in five years

Corporate Tax HMRC tax evasion assistance requests double in five years

5m Emma Smith, Managing Editor
Spring Budget 2017: Making Tax Digital

Business Regulation Spring Budget 2017: Making Tax Digital

9m Shereen Ali, Deputy Editor
Tax fraud loses HMRC £16bn

Corporate Tax Tax fraud loses HMRC £16bn

10m Emma Smith, Managing Editor
HMRC nets £2.6bn in corporate tax from big businesses

Corporate Tax HMRC nets £2.6bn in corporate tax from big businesses

10m Accountancy Age editorial
Tax crackdown brings in £468m for HMRC

Corporate Tax Tax crackdown brings in £468m for HMRC

11m Accountancy Age editorial
Treasury Select Committee report released on Making Tax Digital

Accounting Standards Treasury Select Committee report released on Making Tax Digital

11m Stephanie Wix, Writer