Taxes on income: treaty covers income taxes, gains, wages and future similar taxes between the territories. The Agreement applies to taxes on income imposed on behalf of each territory or its subdivisions, covering taxes on total income and elements of income-including gains from alienation and taxes on wages-and specifically lists the domestic income taxes in each territory; it also applies to identical or substantially similar taxes enacted later and requires mutual notification of significant changes in taxation laws.
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 taxes, gains, wages and future similar taxes between the territories.
The Agreement applies to taxes on income imposed on behalf of each territory or its subdivisions, covering taxes on total income and elements of income-including gains from alienation and taxes on wages-and specifically lists the domestic income taxes in each territory; it also applies to identical or substantially similar taxes enacted later and requires mutual notification of significant changes in taxation laws.
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