The Double Taxation Relief (Taxes on Income) (Falkland Islands) Order 1997

1. Introductory Text

2. 1. This Order may be cited as the Double Taxation Relief...

3. 2. It is hereby declared— (a) that the arrangements specified in...

4. Signature

5. 1. SCHEDULE

      ARRANGEMENT BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE GOVERNMENT OF THE FALKLAND ISLANDS FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND CAPITAL GAINS

      1. The Government of the United Kingdom of Great Britain and...

      2. Desiring to conclude a new Arrangement for the avoidance of...

      3. Have arranged as follows:

      4. Persons covered

         1. 1. This Arrangement shall apply to persons who are residents of...

      5. Taxes covered

         1. 2. (1) This Arrangement shall apply to taxes on income and...

      6. General definitions

         1. 3. (1) For the purposes of this Arrangement, unless the context...

      7. Residence

         1. 4. (1) For the purposes of this Arrangement, the term “resident...

      8. Permanent establishment

         1. 5. (1) For the purposes of this Arrangement, the term “permanent...

      9. Income from immovable property

         1. 6. (1) Income derived by a resident of a territory from...

      10. Business profits

          1. 7. (1) The profits of an enterprise of a territory shall...

      11. Shipping and air transport

          1. 8. (1) Profits of an enterprise of a territory from the...

      12. Associated enterprises

          1. 9. (1) Where: (a) an enterprise of a territory participates directly...

      13. Dividends

          1. 10. (1) Dividends paid by a company which is a resident...

      14. Interest

          1. 11. (1) Interest arising in a territory and paid to a...

      15. Royalties

          1. 12. (1) Royalties arising in a territory and paid to a...

      16. Capital gains

          1. 13. (1) Gains derived by a resident of a territory from...

      17. Independent personal services

          1. 14. (1) Income derived by a resident of a territory in...

      18. Dependent personal services

          1. 15. (1) Subject to the provisions of Paragraphs 16, 18, 19...

      19. Directors' fees

          1. 16. Directors' fees and other similar payments derived by a resident...

      20. Artistes and sportsmen

          1. 17. (1) Notwithstanding the provisions of Paragraphs 14 and 15 of...

      21. Pensions

          1. 18. (1) Subject to the provisions of sub-paragraph (2) of Paragraph...

      22. Government service

          1. 19. (1) (a) Salaries, wages and other similar remuneration, other than...

      23. Students

          1. 20. Payments which a student or business apprentice who is or...

      24. Miscellaneous rules applicable to certain offshore activities

          1. 21. (1) The provisions of this Paragraph shall apply notwithstanding any...

      25. Other income

          1. 22. (1) Items of income beneficially owned by a resident of...

      26. Limitation of relief

          1. 23. (1) Where under any provision of this Arrangement any income...

      27. Elimination of double taxation

          1. 24. (1) Subject to the provisions of the law of the...

      28. Non-discrimination

          1. 25. (1) The taxation on a permanent establishment which an enterprise...

      29. Mutual agreement procedure

          1. 26. (1) Where a resident of a territory considers that the...

      30. Exchange of information

          1. 27. (1) The competent authorities of the territories shall exchange such...

      31. Members of diplomatic or permanent missions and consular posts

          1. 28. Nothing in this Arrangement shall affect the fiscal privileges of...

      32. Entry into force

          1. 29. (1) Each of the territories shall notify to the other...

      33. Termination

          1. 30. This Arrangement shall remain in force until terminated by the...

6. Explanatory Note