Statutory Instruments

2016 No. 750

Corporation Tax

Income Tax

The Double Taxation Relief (Guernsey) Order 2016

Made

13th July 2016

At the Court at Buckingham Palace, the 13th day of July 2016

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 5(2) of the Taxation (International and Other Provisions) Act 2010( 1 ) and approved by a resolution of that House.

Accordingly, Her Majesty, in exercising the powers conferred upon Her by section 2 of the Taxation (International and Other Provisions) Act 2010, by and with the advice of Her Privy Council, orders as follows—

Citation

1. This Order may be cited as the Double Taxation Relief (Guernsey) Order 2016.

Double taxation arrangements to have effect

2. —(1) It is declared that there has been made with the States of Guernsey—

(a) the Exchange of Letters set out in Part 1 of the Schedule to this Order, and

(b) the Arrangement referred to in the Exchange of Letters, as set out in Part 2 of that Schedule, which varies the arrangements set out in the Schedule to the Double Taxation Relief (Taxes on Income) (Guernsey) Order 1952( 2 ), as amended by the arrangements set out in—

(i) the Schedule to the Double Taxation Relief (Taxes on Income) (Guernsey) Order 1994( 3 ),

(ii) the Schedule to the Double Taxation Relief and International Tax Enforcement (Guernsey) Order 2009( 4 ), and

(iii) the Schedule to the Double Taxation Relief and International Tax Enforcement (Guernsey) Order 2015( 5 ),

with a view to affording relief from double taxation in relation to income tax or corporation tax and taxes of a similar character imposed by the laws of either party.

(2) It is further declared that it is expedient that the Arrangement should have effect.

Ceri King

Deputy Clerk of the Privy Council

Article 2