Title and Preamble of the Model Conventions

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.