Most favourable domestic law clause permits application of the more beneficial domestic tax rule instead of treaty provisions for residents. Protocol to the India-Bhutan DTAA incorporates a most favourable domestic law clause making a Contracting State's more beneficial domestic tax law ... Summary
Most favourable domestic law clause permits application of the more beneficial domestic tax rule instead of treaty provisions for residents.
Protocol to the India-Bhutan DTAA incorporates a most favourable domestic law clause making a Contracting State's more beneficial domestic tax law applicable to a resident of the other State to the extent it is more favourable than the treaty; the Protocol is integral to the Agreement and provides that English prevails in case of divergent interpretations.
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