Double taxation relief: foreign tax credit limited to domestic tax attributable to the foreign taxable income, with exemption with progression. Where a resident derives income taxable in the other Contracting State, the resident's State shall allow a deduction from its tax equal to tax paid in the other State, limited to the portion of domestic tax attributable to that income; where income is exempt under the Agreement, the State may nonetheless take the exempt income into account when computing tax on the remaining income (exemption with progression).
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.
Provisions expressly mentioned in the judgment/order text.
Double taxation relief: foreign tax credit limited to domestic tax attributable to the foreign taxable income, with exemption with progression.
Where a resident derives income taxable in the other Contracting State, the resident's State shall allow a deduction from its tax equal to tax paid in the other State, limited to the portion of domestic tax attributable to that income; where income is exempt under the Agreement, the State may nonetheless take the exempt income into account when computing tax on the remaining income (exemption with progression).
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