Interpretive framework: undefined treaty terms adopt the applying State's domestic tax law meaning for treaty application. Definitions set the Convention's interpretive framework by defining key terms-person, company, enterprises of each Contracting State, "international ... Summary
Interpretive framework: undefined treaty terms adopt the applying State's domestic tax law meaning for treaty application.
Definitions set the Convention's interpretive framework by defining key terms-person, company, enterprises of each Contracting State, "international traffic," "competent authority," "national," and "recognized pension fund"-and by prescribing that undefined terms take their meaning under the applying State's domestic tax law at the relevant time, with tax law meanings prevailing over meanings under other domestic laws.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.