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Tax Treaty
(redirected from Double taxation treaty)

   Also found in: Acronyms, Wikipedia 0.01 sec.
Tax Treaty
A treaty between two countries governing double taxation and other matters when a company or individual owes taxes to both countries. Tax treaties are written because double taxation with no exceptions could result in a decrease in trade between the two countries. Most countries (except tax havens) have entered into tax treaties with their trading partners and others. A tax treaty is also called a bilateral tax agreement.


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The talks will involve renegotiating a 1995 double taxation treaty to include tax evasion.
The double taxation issues do not concern 99% of you and a double taxation treaty will not benefit 99% of you since you do not move physical goods in and out of Panama.
There is also a double taxation treaty in place with Britain, which ensures British retirees in Cyprus are safeguarded from paying tax in both countries.
 
 
 
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