Tax coverage defines applicable Indian and South African income taxes and extends to substantially similar future taxes, with mutual notification. Article 2 identifies the applicable taxes: Indian income-tax (including any surcharge) and South African income-tax (normal tax) and secondary tax on ... Summary
Tax coverage defines applicable Indian and South African income taxes and extends to substantially similar future taxes, with mutual notification.
Article 2 identifies the applicable taxes: Indian income-tax (including any surcharge) and South African income-tax (normal tax) and secondary tax on companies. It extends the Agreement to identical or substantially similar taxes introduced later by either State, whether additional or replacement taxes, and requires the competent authorities to notify each other of significant changes in their taxation laws.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.