Elimination of double taxation: domestic tax relief by foreign tax deduction or exemption-based computation of remaining income tax. Where a resident's income may be taxed in the other Contracting State, the resident's State shall grant a deduction from domestic tax equal to the tax paid abroad, limited to the portion of domestic tax attributable to that foreign-taxed income; where income is exempt at residence under the Agreement, the State of residence may nevertheless take into account that exempt income when computing tax on the resident's remaining taxable income.
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.
Elimination of double taxation: domestic tax relief by foreign tax deduction or exemption-based computation of remaining income tax.
Where a resident's income may be taxed in the other Contracting State, the resident's State shall grant a deduction from domestic tax equal to the tax paid abroad, limited to the portion of domestic tax attributable to that foreign-taxed income; where income is exempt at residence under the Agreement, the State of residence may nevertheless take into account that exempt income when computing tax on the resident's remaining taxable income.
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