Common use of in Turkey Clause in Contracts

in Turkey. a) Subject to the provisions of the laws of Turkey regarding the allowance as a credit against Turkish tax of tax payable in a territory outside Turkey, Austrian tax payable under the laws of Austria and in accordance with this Agreement in respect of income (including profits and chargeable gains) derived by a resident of Turkey from sources within Austria shall be allowed as a deduction from the Turkish tax on such income. Such deduction, however, shall not exceed the amount of Turkish tax, as computed before the deduction is made, attributable to such income.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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