Double Taxation Avoidance Agreement Between India And Poland

This paragraph does not affect the corporation`s taxation on the profits for which dividends are paid. (h) “international traffic” any transport by boat or aircraft carried out by a State-owned company, unless the vessel or aircraft is operated only between locations in another contracting state; In its protocol version, both countries apply the credit method to eliminate double taxation. Under the original contract, the exemption method is generally applied, although the credit method is used for dividends, interest and royalties. This document contains the summary text on the application of the agreement between the United Kingdom of Great Britain and Northern Ireland and the Republic of Poland, signed on 20 July 2006, aimed at avoiding double taxation and preventing tax evasion in relation to income and capital gains (the “convention”), amended by the Multilateral Convention on the Implementation of Measures to Prevent Erosion of the Base and The Transfer of Benefits , signed by the United Kingdom. June 7, 2017 (the “MLI”). 7. A provision in this agreement does not prejudice the exemptions, reliefs, reductions, deductions and tax premiums that are available under the national legislation of the two contracting states. For the purposes of this Convention, income from an entity or agreement that, under the tax legislation of one of the two [contracting states], is treated as fully or partially tax-transparent, is considered to be income of a resident of a [State party], but only to the extent that income is processed for the purposes of taxation by that State party. , as the income of a national resident [State party]. Made in Warsaw, January 29, 2013 in Hindi; In Polish and English, all texts are also authentic. In case of discrepancies between the Hindi and Polish texts, the English text takes precedence. The Government of the Republic of India and the Government of the Republic of Poland, with the aim of concluding a protocol amending the agreement between the Government of the Republic of India and the Government of the Polish People`s Republic to avoid double taxation and prevent tax evasion by taking into account income tax , signed in Warsaw on 21 June 1989 (`agreement`), 4. The competent authorities of the contracting states can communicate directly with each other in order to reach an agreement in accordance with the previous paragraphs.

This entry was posted in Uncategorized by neil. Bookmark the permalink.

Comments are closed.