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The Double Taxation Relief (Taxes on Income) (Poland) Order 2006

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

Draft 2006, ISBN 0110752279

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 laid before the House of Commons under section 788(10) of the Income and Corporation Taxes Act 1988 and section 173(7) of the Finance Act 2006 for approval by resolution of that House.

income tax

Corporation tax

capital gains tax

Made **

At the Court at Buckingham Palace, the * day of

Present,

The Queen’s Most Excellent Majesty in Council

A draft of this Order was laid before the House of Commons in accordance with section 788(10) of the Income and Corporation Taxes Act 1988f1 (“ICTA”) and section 173(7) of the Finance Act 2006 (“FA 2006”) and approved by a resolution of the House.

Accordingly, Her Majesty, in exercise of the powers conferred upon Her by section 788 of ICTA, and section 173(1) to (3) of FA 2006, by and with the advice of Her Privy Council, orders 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). It has also been amended: the relevant amendments are those made by section 198(1) and (2) of the Finance Act 2003 (c.14) and section 176 of the Finance Act 2006 (c. 25). Section 176 of the Finance Act 2006 substituted a new subsection (10) in section 788.

Contents

  1. 1Citation
  2. 2Double taxation arrangements to have effect
  3. Signature
  4. Schedule
  5. 1CONVENTION BETWEEN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE REPUBLIC OF POLAND FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL GAINS
  6. Explanatory note

1Citation

This Order may be cited as the Double Taxation Relief (Taxes on Income) (Poland) Order 2006.

2Double taxation arrangements to have effect

It is declared that—

(a)

the arrangements specified in the Convention set out in Part 1 of the Schedule to this Order have been made with the Government of the Republic of Poland with a view to affording relief from double taxation in relation to income tax, corporation tax and capital gains tax and taxes of a similar character imposed by the laws of Poland;

(b)

those arrangements include provisions with respect to the exchange of information foreseeably relevant to the administration, enforcement or recovery of the taxes, and debts relating to the taxes, covered by the arrangements including, in particular, provisions about the prevention of fiscal evasion with respect to those taxes; and

(c)

it is expedient that those arrangements should have effect.

Signature

Clerk of the Privy Council

1CONVENTION BETWEEN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE REPUBLIC OF POLAND FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL GAINS

The United Kingdom of Great Britain and Northern Ireland and the Republic of Poland;

Desiring to conclude a Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains;

Have agreed as follows:

Explanatory note

(This note is not part of the Order)

A Convention dealing with the avoidance of double taxation and fiscal evasion between the United Kingdom and Poland (“the Convention”) is set out in the Schedule to this Order.

Article 1 of the Order provides for its citation.

Article 2 makes a declaration as to the effect and content of the arrangements set out in the Convention contained in Part 1 of the Schedule to the Order and that it is expedient that those arrangements should have effect.

A detailed explanation of the Convention can be found in the Explanatory Memorandum published with the Convention.

The Convention will enter into force on the date of the later of the notifications by each country of the completion of its legislative procedures. It will take effect in the United Kingdom in respect of taxes withheld at source, for income derived on or after 1st January in the calendar year next following that in which the notice is given in respect of income tax and capital gains tax, subject to the above provision in relation to withholding taxes, for any year of assessment beginning on or after 6th April in the calendar year next following that in which the notice is given; and in respect of corporation tax, for any financial year beginning on or after 1st April in the calendar year next following that date. It will take effect in Poland in respect of taxes withheld at source to income derived on or after 1st January in the calendar year next following the year in which such notice has been given, and in respect of other taxes on income and capital gains to such taxes chargeable for any taxable year beginning on or after 1st January in the calendar year next following the year in which such notice has been given (see Article 28 of the Convention).

The date of entry into force will, in due course, be published in the London, Edinburgh and Belfast Gazettes.