Definition of person and company clarifies taxable status and related terms under the tax convention. Article 3 defines key terms for the Convention: person (individuals, companies, other bodies), company (bodies corporate or entities treated as such), ... Summary
Definition of person and company clarifies taxable status and related terms under the tax convention.
Article 3 defines key terms for the Convention: person (individuals, companies, other bodies), company (bodies corporate or entities treated as such), enterprises linked to a resident Contracting State, national (nationals and legal persons deriving status under domestic law), and international traffic (transport by ship or aircraft operated by an enterprise of a Contracting State excluding purely domestic operation). It also defines competent authority, fiscal year, and limits the meaning of tax to the relevant Finnish or Indian tax while excluding penalties, interest, and default amounts; undefined terms take their domestic legal meanings.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
