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of <h1>International Tax Treaty Expands Bilateral Coverage, Harmonizes Tax Reporting and Notification Protocols for Comprehensive Revenue Compliance</h1> The convention applies to income and capital taxes imposed by contracting states, covering total income, capital gains, wages, and property alienation taxes. It encompasses existing taxes and future identical or substantially similar taxes. Contracting states must notify each other of significant tax law changes, ensuring comprehensive coverage of taxation across jurisdictions.
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