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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.
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Provisions expressly mentioned in the judgment/order text.
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.
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