All the above terms tend to be used virtually interchangeably, although, with the exception of ‘treaty’, they have specific uses. An ‘arrangement’ was, formerly, strictly an agreement between the UK and one of its dependent territories (such as the Channel Islands and the Isle of Man; though there have more recently been ‘Tax Information Exchange Agreements’ concluded with them). An ‘agreement’ was formerly the term used for agreements with Commonwealth countries (such as Canada and Australia); however, the term has become ‘convention’, which is also used to describe agreements with non-Commonwealth countries.

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