UK- Montserrat Tax agreement
A new Double Taxation Agreement (DTA) between the UK and Montserrat was signed on 9 December 2009. The DTA updates an earlier agreement between the UK and Montserrat dating back to 1947 which was first amended back in 1968.
The DTA includes a new paragraph relevant to the double taxation implications of pensions and annuities paid to individuals in either country. The DTA also includes new provisions relating to combating tax avoidance.
The protocol will take force once both countries have finalised the legislative procedures.