Government tax exemption bars taxation of a contracting state's government on income sourced in the other state under the treaty. Article 24 provides a government tax exemption under the India-UAE DTAA: a Contracting State's Government is exempt from tax, including capital gains tax, ... Summary
Government tax exemption bars taxation of a contracting state's government on income sourced in the other state under the treaty.
Article 24 provides a government tax exemption under the India-UAE DTAA: a Contracting State's Government is exempt from tax, including capital gains tax, in the other Contracting State on income derived there. "Government" is defined to include political sub divisions, local authorities, the central bank and specified sovereign institutions, and any other institutions agreed between the States.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.