On 24 March 2021, the German Federal Cabinet approved for ratification the pending protocol to the 2010 income and capital with the UK. The protocol, signed 12 January 2021, is the second to amend the treaty and includes changes to bring the treaty in line with BEPS standards. The protocol will enter into force once the ratification instruments are exchanged. It will apply in Germany from 1 January of the year following its entry into force. It will apply in the UK in respect of withholding t…