Treaty between Japan and UK to enter into force

The Japanese Ministry of Finance has announced that the new income and capital gains tax treaty and protocol between Japan and the United Kingdom , signed on 2 February 2006, will enter into force on 12 October 2006. In Japan, the treaty will generally apply from 1 January 2007. In the United Kingdom, it will apply from 1 January 2007 for withholding tax purposes, from 1 April 2007 for corporation tax purposes and from 6 April 2007 for other tax purposes. From these dates, the new t…