Common use of ELIMINATION OF DOUBLE TAXATION Clause in Contracts

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados which, in accordance with the provisions of this Agreement, may be taxed in Barbados, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Luxembourg which, in accordance with the provisions of this Agreement, may be taxed in BarbadosLuxembourg, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Luxembourg tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Luxembourg to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Luxembourg tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Panama which, in accordance with the provisions of this Agreement, may be taxed in BarbadosPanama, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Panama tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Panama to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Panama tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Jersey which, in accordance with the provisions of this Agreement, may be taxed in BarbadosJersey, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Jersey tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Jersey to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Jersey tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Jordan which, in accordance with the provisions of this Agreement, may be taxed in BarbadosJordan, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Jordan tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Jordan to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Jordan tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided eliminated as follows: Where a resident of Singapore derives income from Barbados Serbia which, in accordance with the provisions of this Agreement, may be taxed in BarbadosSerbia, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Serbian tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Serbia to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Serbian tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Ghana which, in accordance with the provisions of this Agreement, may be taxed in BarbadosGhana, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Ghana tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Ghana to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Ghana tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Sri Lanka which, in accordance with the provisions of this Agreement, may be taxed in BarbadosSri Lanka, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Sri Lanka tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Sri Lanka to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Sri Lanka tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Ecuador which, in accordance with the provisions of this Agreement, may be taxed in BarbadosEcuador, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Ecuadorian tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Ecuador to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Ecuadorian tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados which, Ethiopia which in accordance with the provisions of this Agreement, Agreement may be taxed in BarbadosEthiopia, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Ethiopian tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Ethiopia to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Ethiopian tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Rwanda which, in accordance with the provisions of this Agreement, may be taxed in BarbadosRwanda, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Rwandan tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Rwanda to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Rwandan tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided as follows: Where a resident of Singapore derives income from Barbados Gabon which, in accordance with the provisions of this Agreement, may be taxed in BarbadosGabon, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Gabonese tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Gabon to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Gabonese tax paid by that company on the portion of its profits out of which the dividend is paid.

ELIMINATION OF DOUBLE TAXATION. 1. In Singapore, double taxation shall be avoided eliminated as follows: Where a resident of Singapore derives income from Barbados Cabo Verde which, in accordance with the provisions of this Agreement, may be taxed in BarbadosCabo Verde, Singapore shall, subject to its laws regarding the allowance as a credit against Singapore tax of tax payable in any country other than Singapore, allow the Barbados Cabo Verdean tax paid, whether directly or by deduction, as a credit against the Singapore tax payable on the income of that resident. Where such income is a dividend paid by a company which is a resident of Barbados Cabo Verde to a resident of Singapore which is a company owning directly or indirectly not less than 10 per cent of the share capital of the first-mentioned company, the credit shall take into account the Barbados Cabo Verdean tax paid by that company on the portion of its profits out of which the dividend is paid.