New UK/Belarus DTC in force

The new UK/Belarus double taxation convention, signed on 26 September 2017, entered into force on 27 July 2018.

In the UK, the convention takes effect for:

• withholding taxes paid or credited on or after 1 October 2018;
• income tax and capital gains tax for any year of assessment beginning on or after 6 April 2019;
• corporation tax for any financial year beginning on or after 1 April 2019.

In Belarus, it takes effect for:

• withholding taxes on income derived or credited on or after 1 October 2018;
• other taxes chargeable for any tax period beginning on or after 1 January 2019.

See https://bit.ly/2xwjWDz.