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<h1>Article 14 of Double Tax Avoidance Agreement: States Retain Right to Tax Capital Gains Per Domestic Laws</h1> Article 14 of the Double Tax Avoidance Agreement between Great Britain and Northern Ireland, effective until February 10, 1994, addresses capital gains taxation. It stipulates that, except for provisions related to air transport and shipping, each contracting state retains the right to tax capital gains according to its domestic laws. This article forms part of the broader framework of international conventions and tax treaties aimed at preventing double taxation.