Tax treaty definitions determine residency and taxable scope, with domestic tax law prevailing for undefined terms. The treaty defines territorial scope and principal terms: 'India' and 'Lithuania' by territory and maritime rights; 'person', 'company', 'enterprise', 'international traffic', 'competent authority', 'national', 'tax', and 'fiscal year' are specified. The competent authority for each State is designated, and 'tax' excludes fines or penalties. Any term not defined in the Agreement takes its meaning from the applying Contracting State's domestic tax law at that time, with the tax-law meaning prevailing for the taxes covered by the Agreement unless the context otherwise requires.
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.
Tax treaty definitions determine residency and taxable scope, with domestic tax law prevailing for undefined terms.
The treaty defines territorial scope and principal terms: "India" and "Lithuania" by territory and maritime rights; "person", "company", "enterprise", "international traffic", "competent authority", "national", "tax", and "fiscal year" are specified. The competent authority for each State is designated, and "tax" excludes fines or penalties. Any term not defined in the Agreement takes its meaning from the applying Contracting State's domestic tax law at that time, with the tax-law meaning prevailing for the taxes covered by the Agreement unless the context otherwise requires.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
