Taxes on income: treaty covers each state's income taxes, including substantially similar future levies with mutual notification. Article 2 applies the treaty to taxes on income imposed by a Contracting State or its subdivisions, treating as taxes on income levies on total income or elements of income, including gains from alienation and taxes on wages. It lists Romania's tax on income and tax on profit and India's income tax (including surcharge) as covered, and extends to identical or substantially similar taxes enacted later, with a requirement for mutual notification of substantial 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 each state's income taxes, including substantially similar future levies with mutual notification.
Article 2 applies the treaty to taxes on income imposed by a Contracting State or its subdivisions, treating as taxes on income levies on total income or elements of income, including gains from alienation and taxes on wages. It lists Romania's tax on income and tax on profit and India's income tax (including surcharge) as covered, and extends to identical or substantially similar taxes enacted later, with a requirement for mutual notification of substantial changes in taxation laws.
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