Taxes on income and capital receive reciprocal treaty coverage, including similar future taxes with mutual notification of changes. The Agreement applies to taxes on income and on capital imposed by a Contracting State or its political subdivisions or local authorities, encompassing taxes on total income or capital and on elements thereof, including gains from alienation; it covers specified existing domestic taxes and extends to identical or substantially similar taxes enacted later, with a requirement that competent authorities notify each other of significant tax-law changes.
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 and capital receive reciprocal treaty coverage, including similar future taxes with mutual notification of changes.
The Agreement applies to taxes on income and on capital imposed by a Contracting State or its political subdivisions or local authorities, encompassing taxes on total income or capital and on elements thereof, including gains from alienation; it covers specified existing domestic taxes and extends to identical or substantially similar taxes enacted later, with a requirement that competent authorities notify each other of significant tax-law changes.
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