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

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

METHODS FOR THE ELIMINATION OF DOUBLE TAXATION. 1. Where Subject to the provisions of paragraphs 3 and 4, where a resident of a Contracting State derives income which, in accordance with the provisions of this Convention may be taxed in the other Contracting State, the first first-mentioned State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in that other State. Such deduction shall not, however, exceed that part of the income tax tax, as computed before the deduction is given, which is attributable, as the case may be, attributable to the income which may be taxed in that other State.

METHODS FOR THE ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Convention Convention, may be taxed in the other Contracting State, the first mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in that the other Contracting State. Such The deduction shall not, however, exceed that part of the income tax as computed before the deduction is given, which is attributable, as the case may be, appropriate to the income which may be taxed in that the other Contracting State.

METHODS FOR THE ELIMINATION OF DOUBLE TAXATION. 1. Where Subject to the provisions of paragraphs 3 and 4, where a resident of a Contracting State derives income which, in accordance with the provisions of this Convention Convention, may be taxed in the other Contracting State, the first first-mentioned State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in that other State. Such deduction shall not, however, exceed that part of the income tax tax, as computed before the deduction is given, which is attributable, as the case may be, attributable to the income which may be taxed in that other State.

METHODS FOR THE ELIMINATION OF DOUBLE TAXATION. 1. Where Subject to the provisions of paragraphs 3 and 4, where a resident of a Contracting State derives income which, in accordance with the provisions of this Convention may be taxed in the other Contracting State, the first first- mentioned State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in that other State. Such deduction shall not, however, exceed that part of the income tax tax, as computed before the deduction is given, which is attributable, as the case may be, attributable to the income which may be taxed in that other State.

METHODS FOR THE ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a one Contracting State derives income 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 in credited against the other Contracting State, tax imposed by the first first-mentioned State shall allow as a deduction from on that resident. The amount of the tax on the income of that resident an amount equal to the income tax paid in that other State. Such deduction shall notcredit, however, shall not exceed that part the amount of the tax imposed by the first-mentioned State on that income tax as computed before in accordance with the deduction is given, which is attributable, as taxation laws and regulations of the case may be, to the income which may be taxed in that other Contracting State.