Prevention of tax evasion and avoidance: treaty aims to eliminate double taxation while blocking treaty shopping schemes. The Title and Preamble set the Convention's purpose to eliminate double taxation on income and capital and to prevent tax evasion and avoidance, with the Preamble further stating the Parties' intent to enhance tax cooperation and to avoid opportunities for non taxation or reduced taxation, including treaty shopping aimed at securing Convention benefits for indirect third State residents.
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.
Prevention of tax evasion and avoidance: treaty aims to eliminate double taxation while blocking treaty shopping schemes.
The Title and Preamble set the Convention's purpose to eliminate double taxation on income and capital and to prevent tax evasion and avoidance, with the Preamble further stating the Parties' intent to enhance tax cooperation and to avoid opportunities for non taxation or reduced taxation, including treaty shopping aimed at securing Convention benefits for indirect third State residents.
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