Common Contracts
1 similar Double Taxation Avoidance Agreement contracts
Double Taxation Avoidance Agreement between Thailand and U.SDouble Taxation Avoidance Agreement • February 3rd, 2000
This Convention will be the first Convention between the United States of America and the Kingdom of Thailand for the avoidance of double taxation with respect to taxes on income. This Convention follows the pattern of the U.S. model treaty with deviations found in many recent U.S. conventions with other developing countries. It provides for maximum rates of tax to be applied to various types of income, protection from double taxation of income, exchange of information to prevent fiscal evasion, and standard rules to limit the benefits of the Convention to persons that are not engaged in treaty shopping. Like other U.S. tax conventions, this Convention provides rules specifying when income that arises in one of the contracting countries (the "source country") and is attributable to residents of the other contracting country (the "country of residence") may be taxed by the source country.
