BKLM740110 - Double Taxation Relief: France: background
On 21 November 2010 HM Treasury announced that the UK and France had come to an understanding with regard to relieving double taxation of banks in respect of both countries� bank levies.
»Ê¹ÚÌåÓýapp announcement also stated that the principle of ‘home state primacyâ€� would be used in order to give effect to relief from double charging in relation to the two countriesâ€� bank levies.
Rules setting out how relief for the French bank levy is to be calculated and allowed against the UK bank levy are contained in ()