Common use of LIMITATION OF RELIEF Clause in Contracts

LIMITATION OF RELIEF. Where this Convention provides (with or without other conditions) that income from sources in a Contracting State shall be exempt from tax, or taxed at a reduced rate in that Contracting State and under the laws in force in the other Contracting State the said income is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the exemption or reduction of tax to be allowed under this Convention in the first-mentioned Contracting State shall apply to so much of the income as is remitted to or received in that other Contracting State.

Appears in 17 contracts

Samples: Agreement, Agreement, Agreement

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LIMITATION OF RELIEF. Where this Convention Agreement provides (with or without other conditions) that income from sources in a Contracting State shall be exempt from tax, or taxed at a reduced rate in that Contracting State and under the laws in force in the other Contracting State the said income is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the exemption or reduction of tax to be allowed under this Convention Agreement in the first-mentioned Contracting State shall apply to so much of the income as is remitted to or received in that other Contracting State.

Appears in 11 contracts

Samples: Agreement, Agreement, Double Taxation Avoidance Agreement

LIMITATION OF RELIEF. Where this Convention provides (with or without other conditions) that income from sources in a Contracting State shall be exempt from tax, or taxed at a reduced rate in that Contracting State and under the laws in force in the other Contracting State the said income is subject to tax by reference to the amount thereof there of which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the exemption or reduction of tax to be allowed under this Convention in the first-mentioned Contracting State shall apply to so much of the income as is remitted to or received in that other Contracting State.

Appears in 6 contracts

Samples: Taxation Avoidance Agreement, www.iras.gov.sg, www.iras.gov.sg

LIMITATION OF RELIEF. 1. Where this Convention provides (with or without other conditions) that income from sources in a Contracting State shall be exempt from tax, or taxed at a reduced rate rate, in that Contracting State and and, under the laws in force in the other Contracting State State, the said income is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the exemption or reduction of tax to be allowed under this Convention in the first-mentioned Contracting State shall apply to only so much of the income as is remitted to or received in that other Contracting State.

Appears in 5 contracts

Samples: Taxation Avoidance Agreement, www.iras.gov.sg, www.iras.gov.sg

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LIMITATION OF RELIEF. Where this Convention provides (with or without other conditions) that income from sources in a Contracting State shall be exempt from tax, or taxed at a reduced rate in that Contracting State and under the laws in force in the other Contracting State the said income is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the exemption or reduction of tax to be allowed under this the Convention in the first-mentioned Contracting State shall apply to so much of the income as is remitted to or received in that other Contracting State.

Appears in 4 contracts

Samples: Agreement, Taxation Avoidance Agreement, Agreement

LIMITATION OF RELIEF. Where under any provision of this Convention provides (with or without other conditions) that income arising in one of the Contracting States is relieved from sources in a Contracting State shall be exempt from tax, or taxed at a reduced rate tax in that Contracting State and and, under the laws law in force in the other Contracting State a person, in respect of the said income income, is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the exemption or reduction of tax relief to be allowed under this Convention in the first-mentioned Contracting State shall apply only to so much of the income as is remitted to or received in that the other Contracting State.

Appears in 3 contracts

Samples: Taxation Avoidance Agreement, internationaltaxtreaty.com, assets.publishing.service.gov.uk

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