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Armenia, UK Sign Double Tax Treaty, By Jason Gorringe, Tax-News.Com,

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  • Armenia, UK Sign Double Tax Treaty, By Jason Gorringe, Tax-News.Com,

    ARMENIA, UK SIGN DOUBLE TAX TREATY, BY JASON GORRINGE, TAX-NEWS.COM, LONDON

    Tax-news.com
    http://www.tax-news.com/news/Armenia_UK_Sign_Double_Tax_Treaty____50449.html
    July 19 2011

    The governments of the United Kingdom and Armenia have signed a tax
    agreement to assign the taxing rights of the two nations to ensure
    that income is not taxed twice.

    According to a statement from the Armenian government, a convention
    for the avoidance of double taxation with respect to taxes on income
    and other assets was signed by the Armenian Foreign Affairs Minister,
    Edward Nalbandian and the UK Minister for European Affairs, David
    Lidington, in London on July 13.

    At the meeting, matters of joint interest were discussed including
    dialogue on how bilateral relations in various spheres can be
    enhanced. It was noted by the Armenian government that the double
    taxation agreement will facilitate increased trade and investment
    ties between the two countries by providing increased certainty and
    improved tax treatment for investors.

    The agreement requires ratification by both countries before it can
    become effective.

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