Taxes on income and capital: treaty covers existing and substantially similar future taxes with mutual notification obligations. The Convention applies to taxes on income and on capital imposed by a Contracting State or its subdivisions irrespective of how levied, including taxes on ... Summary
Taxes on income and capital: treaty covers existing and substantially similar future taxes with mutual notification obligations.
The Convention applies to taxes on income and on capital imposed by a Contracting State or its subdivisions irrespective of how levied, including taxes on total income or capital and on elements such as gains from alienation, wages, and capital appreciation. It covers listed existing taxes and any identical or substantially similar taxes enacted later, and requires competent authorities to notify each other of significant tax law changes.
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