Taxes on income: treaty covers income taxes and equivalent future levies, with mutual notification of significant tax changes. Article 2 limits the convention to taxes on income levied by a Contracting State or its subdivisions, including taxes on total income, elements of income ... Summary
Taxes on income: treaty covers income taxes and equivalent future levies, with mutual notification of significant tax changes.
Article 2 limits the convention to taxes on income levied by a Contracting State or its subdivisions, including taxes on total income, elements of income (such as gains from alienation and payroll-based taxes), expressly covering specified Indian and Cyprus taxes, and extending to identical or substantially similar taxes introduced later, with a mutual notification requirement for significant legislative changes.
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