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 8 April 2002, entered into force on 23 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 1 April 2003, for corporation tax and from 6 April 2003 for income and capital gains tax; in Taiwan the provisions apply from 1 January 2003.