§ Mr. Channon
asked the Chancellor of the Exchequer if he is yet in a position to give details of the proposed agreement for double taxation relief with the Government of Ireland; and, if not, when he expects to be able to do so.
§ Mr. Denzil Davies
The proposed new agreement makes provision for the relief of double taxation in respect of taxes on income and capital gains and broadly follows the lines of the model agreement552W produced by the OECD. In general it will apply for 1976–77 and subsequent tax years, but in so far as it relates to remuneration from employments it will apply for 1977–78 and subsequent years. It was signed on 2nd June. It will be published as soon as possible.