Common use of LIMITATION OF RELIEF Clause in Contracts

LIMITATION OF RELIEF. Where, under any provision of this Agreement, income or gains is or are wholly or partly relieved from tax in a Contracting State and, under the laws in force in the other Contracting State, an individual, in respect of the said income or gains, is subject to tax by reference to the amount thereof which is remitted to or received in that other State, and not by reference to the full amount thereof, then the relief to be allowed under this Agreement in the first-mentioned State shall apply only to so much of the income or gains as is remitted to or received in that other State.

LIMITATION OF RELIEF. Where, (1) Where under any provision of this Agreement, Agreement any income or gains is or are wholly or partly relieved from tax in a Contracting State and, under the laws law in force in the other Contracting State, an individualState a person, in respect of the said that income or those gains, is subject to tax by reference to the amount thereof which is remitted to or received in that other State, State and not by reference to the full amount thereof, then the relief to be allowed under this Agreement in the first-mentioned State shall apply only to so much of the income or gains as is remitted to or received taxed in that the other State.

LIMITATION OF RELIEF. Where, under any provision of this Agreement, income or capital gains is or are wholly or partly relieved from tax in a Contracting State and, under the laws in force in the other Contracting State, an individual, in respect of the said income or capital gains, is subject to tax by reference to the amount thereof which is remitted to or received in that other State, and not by reference to the full amount thereof, then the relief to be allowed under this Agreement in the first-mentioned State shall apply only to so much of the income or capital gains as is remitted to or received in that other State.

LIMITATION OF RELIEF. Where, Where under any provision of this Agreement, Agreement any income or gains is or are wholly or partly relieved from tax in a Contracting State and, under the laws law in force in the other Contracting State, an individualState a person, in respect of the said that income or those gains, is subject to tax by reference to the amount thereof which is remitted to or received in that other State, State and not by reference to the full amount thereof, then the relief to be allowed under this Agreement in the first-mentioned State shall apply only to so much of the income or gains as is remitted to or received taxed in that the other State.