CIOT responds to HMRC consultation on review of double tax treaties 2018
Released 03 December 2018
The Chartered Institute of Taxation (CIOT) has published its comments to HMRC on its review of double taxation treaties 2018.
The CIOT comments that HMRC may wish to consider renegotiating treaties after Brexit and work towards a consistent position on permanent establishment requirements across the UK’s treaty network, including repeal or simplification of the UK’s diverted profits tax. The CIOT also considers that treaties affected by the Multilateral Instrument (MLI) should be amended to remove this complexity and uncertainty and that HMRC’s synthesised MLI texts are confusing.
View the submission at Review of Double Taxation Treaties 2018 - CIOT comments.