Taxes on income: treaty covers existing income taxes, gains and wages and mandates mutual notification of future similar taxes. The Agreement applies to taxes on income imposed by a Contracting State or its subdivisions, covering taxes on total income and elements of income, including gains on alienation of property and taxes on wages or salaries. It lists the existing domestic income taxes as the primary covered taxes and extends coverage to identical or substantially similar taxes introduced after signature, with a requirement that competent authorities notify each other 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 existing income taxes, gains and wages and mandates mutual notification of future similar taxes.
The Agreement applies to taxes on income imposed by a Contracting State or its subdivisions, covering taxes on total income and elements of income, including gains on alienation of property and taxes on wages or salaries. It lists the existing domestic income taxes as the primary covered taxes and extends coverage to identical or substantially similar taxes introduced after signature, with a requirement that competent authorities notify each other of significant changes in taxation laws.
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