ad Article 22 Sample Clauses

ad Article 22. The limitation under paragraph 1 of Article 22 does not apply to income derived by the Government of Singapore or any person approved by the competent authority of Singapore for the purpose of this paragraph.
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ad Article 22 a. It is understood that, in so far as the Netherlands income tax or company tax is concerned, the basis meant in the first paragraph of Article 22 is the ‘onzuivere inkomen’ or ‘winst’ in terms of the Netherlands Income Tax Law or Company Tax Law, respectively.

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