Reference

Double Taxation Relief

Double Taxation Relief

Plain meaning

Rules or treaty mechanisms that reduce the risk that the same income is taxed twice by different jurisdictions.

Also called

relief from double taxation double tax relief

Key points

  • Relief can come through domestic rules, foreign tax credits, exemptions, deductions, or treaty provisions.
  • Tax treaties often allocate taxing rights between the country of residence and the country where income arises.
  • Relief is not automatic; the taxpayer must meet the conditions of the applicable domestic rule or treaty article.
  • Timing, currency conversion, source of income, residence, and proof of foreign tax paid can affect the calculation.

Why it comes up

Double taxation relief is central to cross-border work, investment, pensions, business profits, and foreign tax credits.

News signals

tax treaties foreign tax credit cross-border income

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