Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Article 23 of DTAA: Tax Deduction for Residents Earning Income Abroad, Methods to Eliminate Double Taxation Explained</h1> Article 23 of the Double Tax Avoidance Agreement (DTAA) between Cyprus and another Contracting State outlines methods to eliminate double taxation. It states that when a resident of one Contracting State earns income taxable in the other State, the resident's home State should allow a tax deduction equivalent to the tax paid in the other State. However, this deduction cannot exceed the portion of the income tax attributable to the income taxed in the other State. Additionally, if income is exempt from tax in the resident's home State under the Agreement, the State may still consider the exempted income when calculating taxes on remaining income.
TaxTMI 
TaxTMI 
