Taxes on income: DTAA covers existing and similar future income taxes and requires mutual notification of significant tax law changes. Taxes on income under the Agreement include all taxes imposed for a Contracting State or subdivisions, covering total income and specific income elements such as gains from alienation and taxes on wages or salaries; specified domestic statutes exemplify the existing covered taxes. The Article also covers identical or substantially similar taxes enacted later and requires the competent authorities to 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: DTAA covers existing and similar future income taxes and requires mutual notification of significant tax law changes.
Taxes on income under the Agreement include all taxes imposed for a Contracting State or subdivisions, covering total income and specific income elements such as gains from alienation and taxes on wages or salaries; specified domestic statutes exemplify the existing covered taxes. The Article also covers identical or substantially similar taxes enacted later and requires the competent authorities to notify each other of significant changes in taxation laws.
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