INLAND REVENUE

UK/SOUTH AFRICA DOUBLE TAXATION CONVENTION

A new Double Taxation Convention between the UK and South Africa which was signed in London on 4th July 2002, entered into force on 17th December 2002. The text of the Convention has been published as the Schedule to the Double Taxation Relief (Taxes on Income) (South Africa) Order 2002 (Statutory Instrument 2002 No. 3138), copies of which can be obtained from The Stationery Office. The text of the Order can also be accessed on the Internet at http://www.hmso.gov.uk.

The provisions of the Convention will apply in the UK from 1st April 2003 for corporation tax and from 6th April 2003 for income and capital gains tax; in South Africa the provisions apply from 1st January 2003.

The Convention replaces an existing Convention that was concluded on 21st November 1968.

DOUBLE TAXATION AGREEMENT IN RELATION TO TAIWAN

A new Double Taxation Agreement between the British Trade and Cultural Office, Taipei and the Taipei Representative Office in the United Kingdom, which was signed in London on 8th April 2002, entered into force on 23rd December 2002. The text of the Agreement has been published as the Schedule to the Double Taxation Relief (Taxes on Income) (Taiwan) Order 2002 (Statutory Instrument 2002 No. 3137), copies of which can be obtained from The Stationery Office. The text of the Order can also be accessed on the Internet at http://www.hmso.gov.uk.

The provisions of the Agreement will apply in the UK from 1st April 2003 for corporation tax and from 6th April 2003 for income and capital gains tax; in Taiwan the provisions apply from 1st January 2003.