SCHEDULES

C1SCHEDULE 36Agreement between UK and Switzerland

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PART 2The past

Taxes affected

2

1

The taxes affected by this Part are—

a

income tax,

b

capital gains tax,

c

inheritance tax, and

d

VAT.

2

Accordingly, this Part affects—

a

amounts of income on which income tax is charged,

b

chargeable gains,

c

the value of property forming part of the value transferred by a chargeable transfer, and

d

the value of supplies on which VAT is charged.

3

An amount falling within one (or more) of those descriptions is referred to as a “taxable amount” and, in relation to such an amount, “tax” means whichever of the taxes mentioned in sub-paragraph (1) is (or are) charged on it.