Taxes on income: Convention covers each contracting state's income taxes and similar successors, with mutual annual notifications. Article 2 establishes that the Convention applies to taxes on income levied by each Contracting State or its sub divisions, covering taxes on total income and all elements of income-including gains from transfers and wages-and lists representative existing taxes in each State. It also applies to identical or substantially similar successor taxes and requires annual mutual notification by competent authorities of significant changes in taxation laws.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Taxes on income: Convention covers each contracting state's income taxes and similar successors, with mutual annual notifications.
Article 2 establishes that the Convention applies to taxes on income levied by each Contracting State or its sub divisions, covering taxes on total income and all elements of income-including gains from transfers and wages-and lists representative existing taxes in each State. It also applies to identical or substantially similar successor taxes and requires annual mutual notification by competent authorities of significant changes in taxation laws.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
