HMRC has published the Multilateral Instrument ‘synthesised’ version of the 1990 Czechoslovakia/UK Double Taxation Convention as it applies to the Czech Republic. The ‘synthesised’ text incorporates the MLI changes into the 1990 agreement which continues to apply between the UK and Czech Republic. The MLI version has effect as follows:
for taxes withheld at source, from 1 January 2021;
in the UK, for corporation tax, from 1 April 2021;
in the UK, for income tax and capital gains tax, from 6 April 2021; and
for all other taxes levied by the Czech Republic, for taxable periods beginning on or after 1 March 2021.
HMRC has published the Multilateral Instrument ‘synthesised’ version of the 1990 Czechoslovakia/UK Double Taxation Convention as it applies to the Czech Republic. The ‘synthesised’ text incorporates the MLI changes into the 1990 agreement which continues to apply between the UK and Czech Republic. The MLI version has effect as follows:
for taxes withheld at source, from 1 January 2021;
in the UK, for corporation tax, from 1 April 2021;
in the UK, for income tax and capital gains tax, from 6 April 2021; and
for all other taxes levied by the Czech Republic, for taxable periods beginning on or after 1 March 2021.
