A double taxation treaty (DTT) is an agreement made between (usually) two jurisdictions which allocates taxing rights in relation to various items of income or gains between them. A DTT is designed to reduce juridical double taxation typically by eliminating or limiting taxation in the country in which the income or gain arises (source state taxation) or by requiring the country in which the person subject to taxation is resident to grant relief for source state taxation through a credit or exemption mechanism. A DTT commonly applies to residents of one or both of the contracting states and deals with specified taxes.
There have been a number of recent cases concerning the application of DTTs: Royal...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
A double taxation treaty (DTT) is an agreement made between (usually) two jurisdictions which allocates taxing rights in relation to various items of income or gains between them. A DTT is designed to reduce juridical double taxation typically by eliminating or limiting taxation in the country in which the income or gain arises (source state taxation) or by requiring the country in which the person subject to taxation is resident to grant relief for source state taxation through a credit or exemption mechanism. A DTT commonly applies to residents of one or both of the contracting states and deals with specified taxes.
There have been a number of recent cases concerning the application of DTTs: Royal...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: