The International Organisations (Tax Exemptions Designation) Order 2023 No. 348

Designation of international organisations U.K.

2.—(1) The international organisations specified in [F1 paragraph (3)] are designated for the purposes of—

(a) section 126 of the Finance Act 1984,

(b) section 265 of the Taxation of Chargeable Gains Act 1992, and

(c) section 774 of the Income Tax (Trading and Other Income) Act 2005.

(2) The international organisations specified in [F2 paragraphs] (3)(b) and (3)(c) are designated for the purposes of section 979 of the Income Tax Act 2007.

(3) The international organisations are—

(a) the Caribbean Development Bank, established by an agreement dated 18 October 1969(1),

(b) the Asian Infrastructure Investment Bank, established by an agreement dated 29th June 2015(2), and

(c) the Inter-American Investment Corporation, established by an agreement dated 19th November 1984(3).

(4) The European Bank for Reconstruction and Development, established by an agreement dated 29th May 1990(4), is designated for the purposes of section 73A of the Finance Act 2004.

Textual Amendments

F1 Words in art. 2(1) substituted (4.7.2023) by The International Organisations (Tax Exemptions Designation) (Amendment) Order 2023 (S.I. 2023/748), art. 3

F2 Word in art. 2(2) substituted (4.7.2023) by The International Organisations (Tax Exemptions Designation) (Amendment) Order 2023 (S.I. 2023/748), art. 4

Commencement Information

I1 Art. 2 in force at made date

(1)

Cmnd 4358.

(2)

Cm 9198.

(3)

Cm 9659.

(4)

Cm 1670.