Common use of Activity provision Clause in Contracts

Activity provision. “The foregoing provisions shall not apply where the com- pany is engaged in substantive business operations in the Contracting State of which it is a resident and the relief from taxation claimed from the other Contracting State is with respect to income that is connected with such operations.”

Appears in 3 contracts

Sources: Double Taxation Convention, Double Taxation Convention, Double Taxation Convention

Activity provision. The foregoing provisions shall not apply where the com- pany is engaged in substantive business operations in the Contracting State of which it is a resident and the relief from taxation claimed from the other Contracting State is with respect to income that which is connected with such operationsoper- ations.

Appears in 2 contracts

Sources: Model Double Taxation Convention, Model Double Taxation Convention

Activity provision. The foregoing provisions shall not apply where the com- pany is engaged in substantive business operations in the Contracting State of which it is a resident and the relief from taxation claimed from the other Contracting State is with respect to income that which is connected with such operationsoper- ations. Article 1 Commentary

Appears in 1 contract

Sources: Model Double Taxation Convention