Definition of tax and related terms clarifies treaty scope and domestic law precedence for undefined terms. Article 3 defines the treaty's essential terms: territorial scope of India and Thailand; "person", "company", and "enterprise" as residents' taxable ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Definition of tax and related terms clarifies treaty scope and domestic law precedence for undefined terms.
Article 3 defines the treaty's essential terms: territorial scope of India and Thailand; "person", "company", and "enterprise" as residents' taxable units; "tax" as Indian or Thai taxes excluding penalties; "national" covering individuals and entities under state law; "international traffic" for ships and aircraft with an exception; designated "competent authority" for each State; and differing "fiscal year" starts. Paragraph 2 provides that undefined terms take their meaning from the domestic tax law of the Contracting State applying the Agreement at that time.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.