- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Statutory Instruments
Taxes
Made
17th April 2018
Laid before the House of Commons
18th April 2018
Coming into force
9th May 2018
The Treasury make these Regulations in exercise of the powers conferred by section 222(1) of the Finance Act 2013(1):
1. These Regulations may be cited as the International Tax Compliance (Amendment) Regulations 2018 and come into force on 9th May 2018.
2.—(1) The International Tax Compliance Regulations 2015(2) are amended as follows.
(2) In regulation 1(3)(b)(i), for “at the date these Regulations come into force”, substitute “at 9th May 2018”.
Rebecca Harris
Andrew Stephenson
Two of the Lords Commissioners of Her Majesty’s Treasury
17th April 2018
(This note is not part of the Regulations)
The Regulations amend the International Tax Compliance Regulations 2015 (S.I. 2015/878) (“the principal Regulations”) which give effect to agreements and arrangements reached between the United Kingdom and other jurisdictions to improve international tax compliance.
Regulation 3 extends the application of the principal Regulations to arrangements entered into by the United Kingdom for the exchange of financial account information with other jurisdictions up to 9th May 2018, the date when the Regulations come into force.
A Tax Information and Impact Note covering the International Tax Compliance Regulations 2015 was published on 18th March 2015 and is available on the HMRC website at http://www.hmrc.gov.uk/thelibrary/tiins.htm. It remains an accurate summary of the impacts that apply to this instrument.
2013 c. 29; section 222 was amended by section 50 of the Finance (No. 2) Act 2015 (c. 33) but the amendments are not relevant to these Regulations.
S.I. 2015/878, amended by S.I. 2017/598; there are other amending instruments but none is relevant.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: