Income Tax (Relief from double Taxation) (The Grand Duchy of Luxembourg) Order, 2016

No. S 29

INCOME TAX ACT

(CHAPTER 35}

INCOME TAX {RELIEF FROM DOUBLE TAXATION)

(THE GRAND DUCHY OF LUXEMBOURG) ORDER, 2016

WHEREAS it is provided by section 41 { 1) of the Income Tax Act that if

His Majesty the Sultan and Yang Di-Pertuan in Council by order declares that arrangements specified in the order have been made with the government of any country or territory outside Brunei Darussalam with a view to affording relief from double taxation in relation to tax under that Act and any tax of a similar character imposed by the laws of that country or territory and that it is expedient that those arrangements should have the arrangements shall have effect in relation to tax and other related matters under that Act notwithstanding anything in any written law.

AND WHEREAS by an agreement dated the 14th day of July 2015 between the Government of His Majesty the Sultan and Yang

Di-Pertuan of

Brunei Darussalam and the Government of the Grand Duchy of Luxembourg, arrangements were made amongst other things in respect of the relief from double taxation relating to tax matters.

AND WHEREAS by a protocol dated the 14th day of July 2015 between the

Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam and the Government of the Grand Duchy of Luxembourg, Articles 4, 5, 7, 10 and 28 of the agreement were clarified.

NOW THEREFORE it is hereby declared by His Majesty the Sultan and Yang

Di-Pertuan in Council that -

{a)

the arrangements specified in the First Schedule to this Order, as clarified by the protocol specified in the Second Schedule to this Order, have been made with the Government of the Grand Duchy of Luxembourg ; and

{b)

it is expedient that those arrangements shall have effect nothwithstanding anything in any written law.