United Kingdom Tax Agency Posts Synthesized Text of DTA With Thailand

The United Kingdom HM Revenue and Customs Sept. 11 posted a synthesized text of the 1981 DTA with Thailand and the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI), which entered into force July 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, 2023, for all other taxes in Thailand. The synthesized text is ...