HMRC publish synthsised text of MLI and Australia-UK Double Tax Treaty
Released 13 March 2019
HMRC have published synthesised text of the Multilateral Instrument and the 2003 Australia-UK Double Taxation Convention.
The 2003 Australia-UK Double Taxation Convention has been modified by the Multilateral Instrument (MLI). The modifications made by the MLI are effective in respect of the 2003 Australia-UK Double Taxation Convention for:
•taxes withheld at source on amounts paid or credited to non-residents from 1 January 2019;
•corporation tax from 1 April 2020;
•income tax and capital gains tax from 6 April 2020;
•all other taxes levied by Australia, for taxable periods beginning on or after 1 July 2019.
View the synthesised text at Australia: tax treaties.