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of <h1>Article 23 of DTAA: Methods for Eliminating Double Taxation and Tax Deductions for Residents Earning Foreign Income.</h1> Article 23 of the Double Tax Avoidance Agreement (DTAA) outlines methods for eliminating double taxation between Contracting States. When a resident of one State earns income taxable in the other State, the resident's home State will allow a tax deduction equal to the tax paid in the other State. However, this deduction cannot exceed the portion of the home State's tax attributable to the foreign income. Additionally, if income is exempt from tax in the resident's State under the Agreement, that State may still consider the exempted income when calculating tax on the resident's remaining income.
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