Common use of AVOIDANCE OF DOUBLE TAXATION Clause in Contracts

AVOIDANCE OF DOUBLE TAXATION. 1. In Croatia, double taxation shall be avoided as follows: Where a resident of Croatia derives income which, in accordance with the provisions of this Agreement, may be taxed in Ireland, Croatia shall allow as a deduction from the tax on the income of that resident, an amount equal to the income tax paid in Ireland. Such deduction shall not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income which may be taxed in Ireland.

AVOIDANCE OF DOUBLE TAXATION. 1. In Croatia, double taxation shall be avoided as follows: Where a resident of Croatia derives income which, in accordance with the provisions of this AgreementConvention, may be taxed in IrelandChile, Croatia shall allow as a deduction from the tax on the income of that resident, an amount equal to the income tax paid in IrelandChile. Such deduction shall not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable attributable, as the case may be, to the income which may be taxed in IrelandChile.