Double Taxation Advisory

International and Double Taxation

Consulting on double taxation within the network countries

Double taxation occurs when an individual’s or a company’s income is taxed in two or more countries, leading to double fiscal charges. This situation frequently arises for those with economic and financial interests abroad or for businesses operating internationally. Effective management of double taxation is essential to avoid paying taxes twice on the same income.

In simple terms, international double taxation happens when two different tax jurisdictions, such as the UK and Italy, claim the right to tax the same income. For instance, this can occur when a business or an individual residing in one country generates income in another. Without proper management and knowledge of double taxation treaties, this can result in a significant financial burden.

To prevent such scenarios, many countries, including the UK and Italy, have signed bilateral treaties to avoid or reduce double taxation. These treaties outline which country has the right to tax specific types of income and include measures to offset taxes already paid abroad.

Managing double taxation requires specialized expertise and an in-depth understanding of each country’s tax regulations. By collaborating with PAGE and leveraging our established international network, you can ensure these treaties are applied correctly, reducing your overall tax impact.
Through strategic international tax planning, we can structure your operations to minimize taxes and maximize global profits. This approach allows you to make the most of double taxation treaties and other international tax opportunities.

PAGE has a particular specialization in managing double taxation between the UK and Italy. Within our team, alongside ACA and ATT-qualified professionals, we also have Italian-certified accountants and auditors. This internal expertise allows us to offer targeted and comprehensive advice for individuals and businesses operating between these two countries.

As experts in applying the double taxation treaty between the UK and Italy, we can help you:

  • Avoid paying taxes twice on the same income
  • Correctly apply tax credits for taxes paid abroad
  • Optimize taxation on dividends, interests, royalties, and other cross-border incomes

Choosing PAGE as your partner means confidently navigating the complexities of double taxation, ensuring that your business or personal affairs are managed efficiently and securely.