Taxes on income: treaty scope covers income, gains and wages and extends to similar future taxes with mutual notification. The Agreement governs taxes on income imposed by a Contracting State or its subdivisions irrespective of the manner of levy, including taxes on total ... Summary
Taxes on income: treaty scope covers income, gains and wages and extends to similar future taxes with mutual notification.
The Agreement governs taxes on income imposed by a Contracting State or its subdivisions irrespective of the manner of levy, including taxes on total income, components of income, capital gains, and wages. It identifies the principal existing taxes in each State (income taxes and related surcharges or turnover based income tax) and extends to identical or substantially similar taxes enacted after signature, with Competent Authorities obliged to notify each other of significant tax law changes.
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