TaxTMI Login
Just a moment...
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 25 of DTAA: Measures to Prevent Double Taxation, Allowing Deductions for Taxes Paid in Another State</h1> Article 25 of the Double Taxation Avoidance Agreement (DTAA) between two Contracting States outlines measures to eliminate double taxation on income or capital. It stipulates that each state will exempt income or capital that may be taxed in the other state, though it may apply the tax rate as if the income or capital were not exempt. Additionally, when a state taxes its residents on income taxable in the other state under Articles 9, 11, 12, and 13, it must allow a deduction for taxes paid in the other state, ensuring it does not exceed the appropriate tax amount. The term 'tax paid' includes any potential tax reliefs or exemptions applied in the other state.
TaxTMI 
TaxTMI 
