bilateral tax treaties

What Are the Key Provisions in Bilateral Tax Treaties?

Key provisions in bilateral tax treaties include:
Permanent Establishment (PE): Defines what constitutes a taxable presence in a country.
Residence: Determines which country has the right to tax an individual or business.
Taxation of Income: Specifies how different types of income are taxed.
Methods for Elimination of Double Taxation: Provides mechanisms like tax credits or exemptions to avoid double taxation.
Exchange of Information: Facilitates the sharing of tax-related information between countries.

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