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tax on share dealing

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mrspask | 18:45 Mon 03rd Dec 2012 | Business & Finance
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is tax due on company shares held abroad even if they come under local government IR rules re gov. witholding taxes?
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UK Tax will be payable on any dividend income but any foreign tax can be offset if their is a Double Taxation Agreement between the UK and the country of origin.

http://www.hmrc.gov.uk/taxtreaties/dta.htm

The menu on the left hand side of the page gives further information of the treaties in force etc.
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thanks Twix123

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