TAX LAW
the set of legal rules,
establish the types of taxes in the State, the procedure for collecting and regulating the relations related to the emergence, change and termination of tax obligations.
NZ - Institute of Financial Law.
In the course of expansion and deepening of the internationalization of production there are all sorts of contradictions between NZ cooperating countries. Often, the activity of one of the company comes under the double taxation and the foreign investor and the host country. A similar situation is also for individuals when the citizens of one country having ownership or receiving income from another, are subject to a double tax jurisdiction.
Double taxation results in the fact that the revenue recoverable natural or legal persons in one country and then transported to another country (for example, business income, dividends, interest, royalties, etc.) may be taxed in both countries in accordance with their legislation. However, since double taxation is not conducive to the development of trade and other relations between the two countries, then to eliminate it taken any unilateral measures or to conclude bilateral and multilateral tax agreements. To apply multilateral General Agreement on Tariffs and Trade (GATT), the Tax Convention of the Andean Pact, the EEC Council Directive on tax matters, which are binding for the members of this organization.
|
Comments
Commenting, keep in mind that the content and the tone of your messages can hurt the feelings of real people, show respect and tolerance to his interlocutors, even if you do not share their opinion, your behavior in terms of freedom of speech and anonymity offered by the Internet, is changing not only virtual, but real world. All comments are hidden from the index, spam control.