In San Marino Sample Clauses

In San Marino a) Where a resident of San Marino derives income which, in accordance with the provisions of this Convention, may be taxed in Azerbaijan, San Marino shall, subject to the provisions of paragraphs b) and c), exempt such income from tax but may, nevertheless, in calculating the amount of tax on the remaining income of such resident, apply the same tax rate which would apply if the income in question were not exempt.
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In San Marino a) Where a resident of San Marino derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in Romania, San Marino shall allow:

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