Common use of METHODS FOR ELIMINATION OF DOUBLE TAXATION Clause in Contracts

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In Vietnam, double taxation shall be eliminated as follows: Where a resident of Vietnam derives income, profits or gains which under the law of China and in accordance with this Agreement may be taxed in China, Vietnam shall allow as a credit against its tax on the income, profits or gains an amount equal to the tax paid in China. The amount of credit, however, shall not exceed the amount of the Vietnamese tax on that income, profits or gains computed in accordance with the taxation laws and regulations of Vietnam.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In Vietnam, double taxation shall be eliminated as follows: Where where a resident of Vietnam derives income, profits or gains which under the law of China Ireland and in accordance with this Agreement may be taxed in ChinaIreland, Vietnam shall allow as a credit against its tax on the income, profits or gains an amount equal to the tax paid in ChinaIreland. The amount of credit, however, shall not exceed the amount of the Vietnamese tax on that income, profits or gains computed in accordance with the taxation laws and regulations of Vietnam.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In Vietnam, double taxation shall be eliminated as follows: Where a resident of Vietnam derives income, profits or gains which under the law of China the Netherlands and in accordance with this Agreement may be taxed in Chinathe Netherlands, Vietnam shall allow as a credit against its tax on the income, profits or gains an amount equal to the tax paid in Chinathe Netherlands. The amount of credit, however, shall not exceed the amount of the Vietnamese tax on that income, profits or gains computed in accordance with the taxation laws and regulations of Vietnam.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In Vietnam, double taxation shall be eliminated as follows: Where a resident of Vietnam derives income, profits or gains which under the law of China Hungary and in accordance with this Agreement may be taxed in ChinaHungary, Vietnam shall allow as a credit against its tax on the income, profits or gains an amount equal to the tax paid in ChinaHungary. The amount of credit, however, shall not exceed the amount of the Vietnamese tax on that income, profits or gains computed in accordance with the taxation laws and regulations of Vietnam.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In Vietnam, double taxation shall be eliminated as follows: Where a resident of Vietnam derives income, profits or gains which under the law of China Iceland and in accordance with this Agreement may be taxed in ChinaIceland, Vietnam shall allow as a credit against its tax on the income, profits or gains an amount equal to the tax paid in ChinaIceland. The amount of credit, however, shall not exceed the amount of the Vietnamese tax on that income, profits or gains computed in accordance with the taxation laws and regulations of VietnamVietnam before the credit is given.

METHODS FOR ELIMINATION OF DOUBLE TAXATION. 1. In 0.Xx Vietnam, double taxation shall be eliminated as follows: Where a resident of Vietnam derives income, profits or gains which under the law of China Norway and in accordance with this Agreement may be taxed in ChinaNorway, Vietnam shall allow as a credit against its tax on the income, profits or gains an amount equal to the tax paid in ChinaNorway. The amount of credit, however, shall not exceed the amount of the Vietnamese tax on that income, profits or gains computed in accordance with the taxation laws and regulations of Vietnam.