Speeches

Chi Onwurah – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Chi Onwurah on 2016-07-06.

To ask Mr Chancellor of the Exchequer, which existing agreements on taxation jurisdictions of individuals will be affected by the UK leaving the EU.

Mr David Gauke

The UK has more than 120 Double Taxation Agreements, including Agreements with EU Member States. These Agreements include provisions allocating between jurisdictions taxing rights over the income of individuals who are resident in one jurisdiction and have income from sources in the other. Because each of these Agreements is a bilateral treaty between the UK Government and the partner jurisdiction, which exists outside the framework of the EU and its governing treaties, they will not be affected by the UK’s withdrawal from the EU.