Agreement between the United Kingdom and San Marino on double taxation

Rome, May 17 – The Republic of San Marino has signed an agreement with the United Kingdom for the Elimination of Double Taxation (DTA). The agreement on tax matters was signed in London with the Chancellor of the Exchequer, Victoria Atkins, by the Secretary of State for Foreign Affairs Luca Beccari, accompanied by Honorary Consul in the British capital Maurizio Bragani. The treaty represents an important milestone in the bilateral relationship and an important tool for strengthening economic and financial relations, for which it creates a solid legal basis. “For San Marino, this is a historic agreement. From here begins a new page for the Republic in its relations with the major countries of the world. The agreement forms part of the already excellent bilateral relations between London and San Marino which, until recently, have received significant consolidation, both through defining bilateral agreements The mission – among the most recent Memorandum of Understanding between the governments concerned and the youth The mobility program “Youth Mobility Scheme” – through the exchange of visits, institutional events in the cultural field and cooperation at the highest levels, among them the Joint Parliamentary Friendship Group between San Marino and the United Kingdom. Before the signing of the agreement, The first of its kind signed by the United Kingdom post-Brexit, Picari met with Chancellor of the Exchequer Jeremy Hunt, Parliamentary Agent for Europe Leo Docherty and Minister Dominic Johnson.