What is Double Taxation: Treaty Relief Form DT-Individual?
Understanding Double Taxation Treaty Relief Form DT-Individual in the UK
Double taxation occurs when income or profits are taxed in two different countries. This situation commonly arises for individuals who reside in one country but earn income in another. To alleviate this financial burden, countries often negotiate double taxation agreements (DTAs). In the context of the United Kingdom, these DTAs are instrumental in ensuring that individuals do not pay tax twice on the same income.
