Implementation legislation required to give domestic effect to tax treaty obligations, obliging contracting parties to enact necessary laws. Article 8 mandates that contracting parties shall enact any legislation necessary to comply with, and give effect to, the terms of the Double Tax ... Summary
Implementation legislation required to give domestic effect to tax treaty obligations, obliging contracting parties to enact necessary laws.
Article 8 mandates that contracting parties shall enact any legislation necessary to comply with, and give effect to, the terms of the Double Tax Avoidance Agreement, creating a mandatory domestic legislative obligation to secure the treaty's legal effect within national law.
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