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Double-Tax Agreement
(redirected from Double Tax Agreements)

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Double-tax agreement
Agreement between two countries that taxes paid abroad can be offset against domestic taxes levied on foreign dividends.

Double-Tax Agreement
An agreement between the governments of two countries stating that the taxes one pays on dividends in one country may be deducted from one's income from foreign dividends in the other country. This is especially important for multinational corporations and individuals who have overseas interests when one or both countries tax worldwide income. See also: Foreign Tax Credit, Double Taxation.


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Because Switzerland has double tax agreements with about 70 countries, each agreement needs to be changed to implement the new rules when it comes to revealing information about bank customers.
25%, and the increasing number of double tax agreements with other countries, are two strong reasons for establishing a collective investment fund in Cyprus.
China has double tax agreements with more than 80 countries, including most industrialised nations.
 
 
 
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