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Double Taxation (Brazil And Argentina)

Volume 20: debated on Tuesday 16 March 1982

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asked the Chancellor of the Exchequer when he considers that the negotiations on the bilateral double taxation agreements with Brazil and Argentina will be concluded.

We broke off negotiations with Brazil early in 1979 because the Brazilian terms were unacceptable. Recently the Brazilians indicated that they might be prepared to modify these terms, and the Inland Revenue has agreed to meet a Brazilian delegation at the end of April to examine the scope for reopening talks.A comprehensive double taxation convention with Argentina was initialled at official level in December 1980. Since then we have been pressing Argentina to enter into arrangements for signature of the convention.