United Kingdom Tax Agency Posts Synthesized Text of DTA With Senegal

The United Kingdom HM Revenue and Customs April 10 posted a synthesized text of the 2015 DTA with Senegal, and the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI), which entered into force Sept. 1, 2022. The MLI applies from: 1) Jan. 1, 2023, for withholding taxes; 2) April 1, 2023, for corporation tax in the U.K.; 3) April 6, 2023, for income tax and capital gains tax in the U.K.; and 4) taxable periods beginning on or after Jan. 1, 2024, for all other taxes in Senegal. The synthesized text is ...