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The Double Taxation Relief (Taxes on Income) (Lithuania) Order 2002

Draft. This instrument was laid in draft and may differ from the one made. Look for the made version under its title.

Draft 2002, ISBN 0110426363

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Draft Order in Council laid before the House of Commons under the Income and Corporation Taxes Act 1988, s788(10), for an Address to Her Majesty from that House praying that the Order be made.

INCOME TAX

Made 2002

At the Court at Buckingham Palace, the day of 2002

Present,

The Queen’s Most Excellent Majesty in Council

Whereas a draft of this Order was laid before the House of Commons in accordance with the provisions of section 788(10) of the Income and Corporation Taxes Act 1988f1, and an Address has been presented to Her Majesty by that House praying that an Order may be made in the terms of that draft:

Now, therefore, Her Majesty, in exercise of the powers conferred upon Her by section 788 of the said Act, and of all other powers enabling Her in that behalf, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:—

Annotations to the whole text

Footnotes

f1

1988 c. 1; section 788 is extended by section 277 of the Taxation of Chargeable Gains Act 1992 (c. 12).

Contents

  1. 1Article 1
  2. 2Article 2
  3. Signature
  4. Schedule PROTOCOL BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE GOVERNMENT OF THE REPUBLIC OF LITHUANIA AMENDING THE CONVENTION BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE GOVERNMENT OF THE REPUBLIC OF LITHUANIA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL GAINS SIGNED AT VILNIUS ON 19th MARCH 2001
  5. Explanatory note

1

This Order may be cited as the Double Taxation Relief (Taxes on Income) (Lithuania) Order 2002.

2

It is hereby declared—

(a)

that the arrangements specified in the Protocol set out in the Schedule to this Order which vary the arrangements set out in the Schedule to the Double Taxation Relief (Taxes on Income) (Lithuania) Order 2001 have been made with the Government of Lithuania with a view to affording relief from double taxation in relation to income tax, corporation tax or capital gains tax and taxes of a similar character imposed by the laws of Lithuania;

(b)

that it is expedient that those arrangements should have effect.

Signature

Clerk of the Privy Council

PROTOCOL BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE GOVERNMENT OF THE REPUBLIC OF LITHUANIA AMENDING THE CONVENTION BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE GOVERNMENT OF THE REPUBLIC OF LITHUANIA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL GAINS SIGNED AT VILNIUS ON 19th MARCH 2001

The Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Republic of Lithuania (hereinafter referred to as “the Contracting States”);

Desiring to conclude a Protocol to amend the Convention between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Republic of Lithuania for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital Gains, with Exchange of Notes, signed at Vilnius on 19th March 2001 (hereinafter referred to as “the Convention”):

Have agreed as follows:

Explanatory note

(This note is not part of the Order)

The Protocol scheduled to this order makes an alteration to the Convention set out in the Schedule to the Double Taxation Relief (Taxes on Income) (Lithuania) Order 2001.

The Protocol replaces Article 31 (Entry into force) of the Convention with a new Article 31 providing that the Convention will take effect in the United Kingdom for any financial year beginning on or after 1st April 2002 in respect of corporation tax, and for any year of assessment beginning on or after 6th April 2002 in respect of income tax and capital gains tax; and will take effect in Lithuania from 1st January 2002.

The Protocol will enter into force when both countries have notified each other of the completion of their respective legislative procedures. It will then take immediate effect in the United Kingdom. The date of entry into force will in due course be published in the London, Edinburgh and Belfast Gazettes.