Taxation (International and Other Provisions) Act 2010 section 2

Giving effect to arrangements made in relation to other territories

Section 2 explains how double taxation agreements with other countries or territories are formally brought into legal effect in the United Kingdom.

• Double taxation agreements with territories outside the UK are given legal effect through an Order in Council, which specifies the arrangements and declares them expedient
• The arrangements cover income tax, corporation tax, capital gains tax, petroleum revenue tax, and any similar taxes imposed by the other territory
• Arrangements that modify or amend existing double taxation agreements are also covered by this mechanism
• Once given effect, the arrangements operate in accordance with section 6 of the Act, and are referred to throughout this Part as "double taxation arrangements"