Common use of METHODS FOR ELIMINATION OF DOUBLE TAXATION Clause in Contracts

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, the first-mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, the first-first - mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, the first-mentioned Contracting State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital whichfrom the other Contracting State, the amount of tax on that income payable in that other Contracting State, in accordance with the provisions of this ConventionAgreement, may be taxed credited against the tax levied in the other first- mentioned Contracting StateState imposed on that resident. The amount of credit, however, shall not exceed the amount of the tax in the first-mentioned Contracting State shall, subject to the provisions of paragraph 2, exempt such on that income or capital from taxcomputed in accordance with its taxation laws and regulations.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, then the first-first mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this ConventionAgreement, may be taxed in the other Contracting State, the first-mentioned State shall, subject shall allow as deduction from the tax on the income of that resident an amount equal to the provisions income tax paid in that other State. Such deduction shall not, however, exceed the part of paragraph 2the income tax as computed before the deduction is given, exempt such which is attributable as the case may be, to the income or capital from taxwhich may be taxed in that other State.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Double taxation shall be eliminated as follows: Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, unless a more favourable treatment is provided in its domestic law, the first-mentioned Contracting State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, which in accordance with the provisions of this Convention, may be taxed in the other Contracting State, then the first-first - mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, the first-first- mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, the first-mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. (1. ) Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this ConventionAgreement, may be taxed in the other Contracting State, the first-first- mentioned State shall, subject shall allow as a deduction from the tax on the income of that resident an amount equal to the provisions income tax paid in that other State. Such deduction shall not, however, exceed that part of paragraph 2the income tax, exempt such as computed before the deduction is given, which is attributable to the income or capital from taxwhich may be taxed in that other State.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a one Contracting State derives income or owns capital whichfrom the other Contracting State, the amount of tax on the income payable in the other Contracting State in accordance with the provisions of this Convention, Agreement may be taxed credited against the tax imposed by the first mentioned State on that resident. The amount of the credit, however, shall not exceed the amount of the tax imposed by the first mentioned State on that income computed in accordance with the other taxation laws and regulations of the Contracting State, the first-mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this ConventionAgreement, may be taxed in the other Contracting State, the first-mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital whichfrom the other Contracting State, the amount of tax on that income payable in that other State in accordance with the provisions of this ConventionAgreement, may be taxed credited against the tax levied in the other Contracting Statefirst- mentioned State on that resident. The amount of credit, however shall not exceed the amount of the tax of the first-mentioned State shall, subject to the provisions of paragraph 2, exempt such on that income or capital from taxcomputed in accordance with its taxation laws and regulations.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital whichfrom the other Contracting State, the amount of tax on that income payable in that other State in accordance with the provisions of this ConventionAgreement, may be taxed credited against the tax levied in the other Contracting State, the first-mentioned State shallon that resident. The amount of credit, subject to however shall not exceed the provisions amount of paragraph 2, exempt such the tax of the first-mentioned State on that income or capital from taxcomputed in accordance with its taxation laws and regulations.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in the other Contracting State, then the first-mentioned State shall, subject to the provisions of paragraph 2, exempt such income or capital from tax.shall allow:

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital whichfrom the other Contracting State, the amount of tax on that income payable in that other Contracting State in accordance with the provisions of this ConventionAgreement, may be taxed credited against the tax levied in the other Contracting State, the first-mentioned Contracting State shallimposed on that resident. The amount of credit, subject to however, shall not exceed the provisions amount of paragraph 2, exempt such the tax on the first- mentioned Contracting State on that income or capital from taxcomputed in accordance with its taxation laws and regulations.