Double Taxation – Convention DTA with Libya enters into force
Friday, May 7th, 2010The first time Double Taxation Convention between the UK and Libya, which was signed in London in November 2008, entered into force 8 March 2010.
In the UK the provisions of the Convention will take effect from 1 April 2010 for Corporation Tax purposes and from 6 April 2010 for Income Tax and Capital Gains Tax purposes. In Libya the provisions will take effect from 1 January 2011.
Further information:
Entry in to force of the UK/Libya Double Taxation Convention
Schedule to the Double Taxation Relief and International Tax Enforcement (Libya) Order 2010
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