Taxes on income: treaty covers income, capital gains and payroll levies and extends to substantially similar future taxes. The Agreement applies to taxes on income imposed by a Contracting State or its subdivisions regardless of form, defining such taxes to include taxes on total income or elements of income-notably gains from alienation of movable or immovable property and taxes on total wages or salaries. It covers the Indian Income-tax (including surcharge) and the Mexican federal Income-tax and extends to identical or substantially similar taxes enacted after signature, with competent authorities required to notify each other of significant tax-law changes.
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.
Taxes on income: treaty covers income, capital gains and payroll levies and extends to substantially similar future taxes.
The Agreement applies to taxes on income imposed by a Contracting State or its subdivisions regardless of form, defining such taxes to include taxes on total income or elements of income-notably gains from alienation of movable or immovable property and taxes on total wages or salaries. It covers the Indian Income-tax (including surcharge) and the Mexican federal Income-tax and extends to identical or substantially similar taxes enacted after signature, with competent authorities required to notify each other of significant tax-law changes.
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