The provisions of §§ 507.1 through 507.12 shall be effective with respect to taxable years of residents of the United Kingdom entitled to the benefits of such sections beginning after December 31, 1944, and before January 1, 1966, or dividends paid before January 1, 1966. [T.D. 6898, 31 F.R. 13467, Oct. 19, 1966]

§ 507.21 Text of convention and definitions.

(a) Text of convention. The income tax convention between the United States and the United Kingdom of Great Britain and Northern Ireland, signed April 16, 1945, as amended by the protocols signed June 6, 1946, May 25, 1954, August 19, 1957, and March 17, 1966, referred to in §§ 507.21 to 507.33 as the convention, provides in part as follows, effective for taxable years beginning after December 31, 1965, or with respect to dividends paid on or after January 1, 1966:

ARTICLE I

(1) The taxes which are the subject of the present Convention are:

(a) In the case of the United States of America: The Federal income taxes, including surtaxes (hereinafter referred to as "United States tax");

(b) In the case of the United Kingdom of Great Britain and Northern Ireland: The income tax (including surtax), the corporation tax, and the capital gains tax (hereinafter referred to as "United Kingdom tax”).

(2) The present Convention shall also apply to any other taxes of a substantially similar character imposed by either Contracting Party subsequent to the date of signature of the present Convention or by the government of any territory to which the present Convention is extended under Article XXII.

ARTICLE II

(1) In the present Convention, unless the context otherwise requires:

(a) The term "United States" means the United States of America, and when used in a geographical sense means the States, the Territories of Alaska and of Hawaii, and the District of Columbia.

(b) The term "United Kingdom" means Great Britain and Northern Ireland, excluding the Channel Islands and the Isle of Man.

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