Can two countries make an agreement about taxes and foreign dividends?
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ignace
Apprentice
Joined: 24 Oct 2005
Posts: 5
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 Posted: 05/13/08 - 06:05 Post subject: |
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| I have recently been looking to start with an international business. I have accumulated fair amount of assets and I am exploring the most efficient way to invest. I would like to know one thing. Can two countries make an agreement about taxes and foreign dividends? Thanks in advance. Any info will do. |
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aldwin
Apprentice
Joined: 06 Aug 2005
Posts: 4
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| Posted: 06/12/08 - 02:36 Post subject: |
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Any kind of business is risky, and if you are selling internationally, you need to be careful. Taxes you need to pay when working abroad, but as a domestic firm lead in some cases to double taxation. However, it is not too uncommon. Now, the two countries indeed make agreements about such taxes and dividends, and UK alone has a lot of such agreements with different countries, so you should not be surprised. For additional info, go to http://www.direct.gov.uk/en/MoneyTaxAndBenefits/
Taxes/TaxOnSavingsAndInvestments/DG_10013299. |
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