Common use of ELIMINATION OF DOUBLE TAXATION Clause in Contracts

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resi- dent, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the in- come which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a person being a resident of a Contracting State derives income whichfrom the other Contracting State and that income, in accordance with the provisions of this AgreementConvention, is shall be taxable only in the that other Contracting State, then or may be taxed in that other Contracting State, the first first-mentioned Contracting State shall allow as a deduction shall, subject to the provision of paragraph 2, exempt such income from the tax but may, in calculating tax on the remaining income of that resident an amount equal to person, apply the rate of tax paid in which would have been applicable if the other Contracting State provided that such deduction shall exempted income had not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting Statebeen so exempted.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow allow, as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction in either case shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a one Contracting State derives income from the other Contracting State which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow shall, subject to its laws regarding the allowance as a deduction from credit against the tax on income of that resident an amount equal to the first mentioned Contracting State, allow the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the taxState, whether directly or by deduction, as computed before a credit against the deduction is given, which is attributable to tax payable in the first mentioned Contracting State on the income derived from the other Contracting Stateof that resident.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, which in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first - mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income whichwhich , in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, with an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction in either case shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where where a resident of a Contracting State derives income which, which in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction in either case shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first - mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such deduction State. Such deduction, however, shall not exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a any of the Contracting State States derives income which, which in accordance with the provisions of this Agreement, is taxable Agreement may be taxed in the other Contracting StateStates, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in the that other Contracting State provided State. Provided that such deduction shall not exceed that part of the tax, income tax as computed before the deduction is given, which is attributable as the case may be to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in the other Contracting State provided that State; such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from which may be taxed in the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income (profits) or owns property which, in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.allow:

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with with, the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow allow, as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not in either case shall, not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable attributable, as the case. nay be, to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where 1.Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. a) Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow allow, as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction in either case shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. 1 Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow allow, as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the taxtax on income, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting firstmentioned State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable attributable, to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow allow, subject to the provisions of its law regarding the elimination of double taxation, as a deduction from the tax on income of that resident calculated in the first State, an amount equal to the tax on income paid in the that other Contracting State provided that such State. Such deduction shall not exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this Agreement, is taxable Convention may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal shall, subject to the tax paid in the other Contracting State provided that provisions of paragraphs 2 and 3, exempt such deduction shall not exceed that part of the income or capital from tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow allow: as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction in either case shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, which in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the that other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with with, the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow allow, as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not in either case shall, not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable attributable, as the case, nay be, to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or capital gains which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow as a deduction from the tax on the income or capital gains of that resident an amount equal to the tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, as computed before the deduction is given, an amount which is attributable bears to the total tax payable the same ratio as the taxable income derived from concerned bears to the other Contracting Statetotal taxable income.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable in may be taxed the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall shall, subject to the provisions of paragraph 2, allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income income, which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income-tax paid in the that other Contracting State provided that such deduction State. Such deductions in either case shall not not, however, exceed that part of the tax, income tax as computed before the deduction is if given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives receives income which, in accordance with the provisions of this Agreementpresent Convention, is taxable in the other Contracting State, then the first first-mentioned Contracting State shall allow as grant, on the tax it charges on the income of such resident, a deduction from the tax on income of that resident in an amount equal corresponding to the income tax paid in the such other Contracting State provided that such State. In this case, however, this deduction shall may not exceed that part the fraction of the income tax, as computed calculated before the deduction is givenmaking such deduction, which corresponds to such income which is attributable to the income derived from the taxable in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income whichfrom the other Contracting State or owns capital in the other Contracting State, which in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the that other Contracting State, then the first amount of tax paid in that other State shall be allowed as a credit against the tax payable in the first-mentioned Contracting State. The amount of the credit, however, shall not exceed the amount of tax levied on such income by the first-mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting Stateaccordance with its laws and regulations.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid in the that other Contracting State State, provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the tax on income paid in the that other Contracting State provided that such State. Such a deduction in either case shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable attributable, as the case may be, to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, or profits which under the law of the other Contracting State and in accordance with the provisions of this Agreement, is taxable Agreement may be taxed in the that other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the against its tax on the income of that resident or profits an amount equal to the tax paid in the other Contracting State provided that such deduction State. The amount of deduction, however, shall not exceed that part the amount of the tax, as tax payable in the first-mentioned State computed before on that income or profits in accordance with the deduction is given, which is attributable to taxation laws of the income derived from the other Contracting first-mentioned State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction in either case shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a any of the Contracting State States derives income which, which in accordance with the provisions of this Agreement, is taxable Agreement may be taxed in the other Contracting State, then States the first mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in the that other Contracting State provided State. Provided that such deduction shall not exceed that part of the tax, income tax as computed before the deduction is given, which is attributable as the case may be to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow allow, as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal shall, subject to the tax paid in the other Contracting State provided that provisions of paragraph 2, exempt such deduction shall not exceed that part of the income from tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on income incomc of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or owns capital which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction shall, subject to the provisions of paragraph 2, exempt such income or capital from tax, but it may, in calculating the amount of tax on income of that resident an amount equal to the tax paid in the other Contracting State provided that such deduction shall not exceed that part rest of the taxincome or capital of such resident, apply the same rate as computed before the deduction is given, which is attributable to if the income derived from or the other Contracting Statecapital in question had not been exempted.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow allow, as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction in either case shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income or capital gains which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income or capital gains of that resident an amount equal to the tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, as computed before the deduction is given, an amount which is attributable bears to the total tax payable the same ratio as the taxable income derived from concerned bears to the other Contracting Statetotal taxable income.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income whichincome, which in accordance with the 1. provisions of this Agreement, is taxable Convention may be taxed in the other Contracting State, then the first first- mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not 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 derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such State. Such deduction shall not not, however, exceed that part of the tax, income tax as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this AgreementConvention, is taxable may be taxed in the other Contracting State, then the first first-mentioned Contracting State shall allow as a deduction from the tax on the income of that resident resident, an amount equal to the income tax paid in the that other Contracting State provided that such deduction State. Such deduction, however, shall not exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from the which may be taxed in that other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement, is taxable may be taxed in the other Contracting State, then the first mentioned Contracting State shall allow as a deduction from the tax on the income of that resident an amount equal to the income tax paid in the other Contracting State provided that State; such deduction shall not not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income derived from which may be taxed in the other Contracting State.

ELIMINATION OF DOUBLE TAXATION. 1. Where a resident of a Contracting State derives income which, from the other Contracting State the amount of tax on that income payable in the other Contracting State in accordance with the provisions of this Agreementconvention, is taxable in may be credited against the other tax imposed on that resident by the first-mentioned Contracting State. The amount of credit, then however, shall not exceed the first amount of tax imposed on that income by the first-mentioned Contracting State shall allow as a deduction from the tax on income of that resident an amount equal to the tax paid computed in the other Contracting State provided that such deduction shall not exceed that part of the tax, as computed before the deduction is given, which is attributable to the income derived from the other Contracting Stateaccordance with its taxation laws and regulations.