The exchange of notes regarding Article 7 (Business Profits) of the 2006 income tax treaty between Japan and the United Kingdom has entered into force. The exchange of notes makes effective Article 7 (Business Profits) of the treaty as amended by the 2013 protocol. The change will apply in Japan from 1 April 2016, and in the UK from 1 April 2016 for corporation tax and from 6 April 2016 for inc…