us germany tax treaty summary

If Marks German tax liability on the 13500 is 1500 once converted from EUR the foreign tax credit of 200 will reduce his German liability to 1300. The double tax treaty tells Mark that the UK has the main right to tax the income and that if Germany also wants to tax it then the foreign tax credit method should be used to avoid double tax.


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In this connection as an additional requirement the government of India has notified Form 10F wherein the person has to self-declare prescribed details.

. Tax Residency Certificate TRC For the purpose of claiming a tax treaty benefit it is necessary for an NR to obtain a TRC of it being resident of the other country or specified territory.


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