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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>India-Iceland Protocol: Avoidance of Double Taxation, Fiscal Evasion Prevention, and Social Security Charge Exemption Under Article 11.</h1> The protocol between the governments of India and Iceland outlines provisions for the avoidance of double taxation and prevention of fiscal evasion concerning income taxes. It specifies that Iceland's social security charge is not considered a tax on wages. Interest from investments related to international shipping or aviation is treated as business profits, exempt from Article 11. Benefits from dividends, interest, royalties, or capital gains are restricted if certain tax conditions are met. Article 25 allows different tax rates on profits of permanent establishments, with a maximum difference of 10 percentage points. The protocol was signed in New Delhi on November 23, 2007.