Double taxation avoidance for aircraft enterprises: treaty defines covered income taxes and mandates domestic implementation of relief. Agreement implements a bilateral double taxation avoidance framework for enterprises operating aircraft by directing that the treaty be given effect in ... Summary
Double taxation avoidance for aircraft enterprises: treaty defines covered income taxes and mandates domestic implementation of relief.
Agreement implements a bilateral double taxation avoidance framework for enterprises operating aircraft by directing that the treaty be given effect in national law. The treaty covers income-tax and any surcharge or additional tax on income-tax and corporate surtax in each contracting State, and it extends to identical or substantially similar taxes enacted subsequently, ensuring treaty relief applies to successor tax measures.
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