Taxes on income: treaty defines covered taxes and extends to substantially similar taxes after signature. The Convention applies to taxes on income imposed on behalf of either Contracting State, covering taxes on total income and elements of income-including gains from alienation, wages or salaries paid by enterprises, and capital appreciation. It expressly applies to specified existing taxes in each State (Hungary: individual income tax, corporation tax, dividend tax; India: income tax including surcharge) and also to identical or substantially similar taxes imposed after signature. Competent authorities must notify each other of substantial 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: treaty defines covered taxes and extends to substantially similar taxes after signature.
The Convention applies to taxes on income imposed on behalf of either Contracting State, covering taxes on total income and elements of income-including gains from alienation, wages or salaries paid by enterprises, and capital appreciation. It expressly applies to specified existing taxes in each State (Hungary: individual income tax, corporation tax, dividend tax; India: income tax including surcharge) and also to identical or substantially similar taxes imposed after signature. Competent authorities must notify each other of substantial changes in taxation laws.
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