METHODS FOR ELIMINATION OF DOUBLE TAXATION. Article 23
METHODS FOR ELIMINATION OF DOUBLE TAXATION. Double taxation shall be eliminated as follows:
METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In China, double taxation shall be eliminated as follows:
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. The laws in force in either of the Contracting State shall continue to govern the taxation of income in the respective Contracting States except where express provision to the contrary is made in this Agreement. Where income is subject to tax in both Contracting States, relief from double taxation shall be given in accordance with the following paragraphs of this Article.
METHODS FOR 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 to the income which may be taxed in that other State.
METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In Vietnam, double taxation shall be eliminated as follows: Where a resident of Vietnam derives income, profits or gains which under the law of China and in accordance with this Agreement may be taxed in China, Vietnam shall allow as a credit against its tax on the income, profits or gains an amount equal to the tax paid in China. The amount of credit, however, shall not exceed the amount of the Vietnamese tax on that income, profits or gains computed in accordance with the taxation laws and regulations of Vietnam.
METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. Subject to the provisions of the laws of the Hong Kong Special Administrative Region relating to the allowance of a credit against Hong Kong Special Administrative Region tax of tax paid in a jurisdiction outside the Hong Kong Special Administrative Region (which shall not affect the general principle of this Article), Thai tax paid under the laws of Thailand and in accordance with this Agreement, whether directly or by deduction, in respect of income derived by a person who is a resident of the Hong Kong Special Administrative Region from sources in Thailand, shall be allowed as a credit against Hong Kong Special Administrative Region tax payable in respect of that income, provided that the credit so allowed does not exceed the amount of Hong Kong Special Administrative Region tax computed in respect of that income in accordance with the tax laws of the Hong Kong Special Administrative Region.
METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In China, double taxation shall be eliminated as follows: Where a resident of China derives income from Kazakhstan the amount of tax on that income payable in Kazakhstan in accordance with the provisions of this Agreement, may be credited against the Chinese tax imposed on that resident. The amount of the credit, however, shall not exceed the amount of the Chinese tax on that income computed in accordance with the taxation laws and regulations of China.
METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In India, double taxation shall be eliminated as follows:
