Her Majesty’s Revenue & Customs in the United Kingdom has confirmed that a new income and capital tax treaty between the U.K. and the Republic of Tajikistan was signed on July 1, 2014. It will come into force when both countries have completed their parliamentary procedures and exchanged diplomatic notes. As employers send more and more employees to non-traditional assignment locations, the extension of the U.K.’s tax treaty network is essential in limiting the possibility of double taxation and helping simplify administration around such assignments. This treaty will help to facilitate the flow of labor, investment, and capital between the two countries.
Download PDF of Flash International Executive Alert:United Kingdom – New Treaty Signed with Tajikistan