Statutory Instruments
2010 No. 237
Taxes
The Double Taxation Relief and International Tax Enforcement (Luxembourg) Order 2010
Made
10th February 2010
At the Court at Buckingham Palace, the 10th day of February 2010
Present,
The Queen’s Most Excellent Majesty in Council
A draft of this Order was laid before the House of Commons in accordance with section 788(10) of the Income and Corporation Taxes Act 1988( 1 ) and section 173(7) of the Finance Act 2006( 2 ) and approved by a resolution of that House.
Accordingly, Her Majesty, in exercise of the powers conferred by section 788(1) of the Income and Corporation Taxes Act 1988 and section 173(1) of the Finance Act 2006, by and with the advice of Her Privy Council, orders as follows—
Citation
1. This Order may be cited as the Double Taxation Relief and International Tax Enforcement (Luxembourg) Order 2010.
Double taxation and international tax enforcement arrangements to have effect
2. It is declared that—
(a) The arrangements specified in the Protocol set out in Schedule 1 to this Order and in the Exchange of Notes set out in Schedule 2, which vary the arrangements set out in the Convention between the United Kingdom of Great Britain and Northern Ireland and the Grand Duchy of Luxembourg for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital, have been made with the Grand Duchy of Luxembourg;
(b) The arrangements have been made with a view to affording relief from double taxation in relation to income tax, corporation tax, capital gains tax, petroleum revenue tax and taxes of a similar character imposed by the laws of Luxembourg and for the purpose of assisting international tax enforcement;
(c) It is expedient that those arrangements should have effect.
Judith Simpson
Clerk of the Privy Council
SCHEDULE 1
SCHEDULE 2
1988 c.1 : section 788 was extended by section 277 of the Taxation of Chargeable Gains Act 1992 (c.12) and by section 194 of the Finance Act 1993 (c.34) . It has also been relevantly amended as follows. Subsection (1) was amended by section 88(1) of the Finance Act 2002 (c.23) . Subsection (2) was substituted by section 176 of the Finance Act 2006 (c.25) .