Are Dividends Double Taxed?
Dividends are distributions of profits made by a corporation to its shareholders. The taxation of these dividends is an important element of the investment process that can have significant consequences for investors. This article will explore how dividends are taxed and whether they are subject to double taxation. It will provide an overview of how […]
Double Taxation Agreements
Double taxation agreements, also known as double tax treaties or conventions, are agreements between two jurisdictions to prevent the same income being taxed in both countries. Such agreements help to avoid double taxation of income and promote economic cooperation between countries by eliminating barriers to cross-border trade and investment. The purpose of this article is […]
How a Double Tax Agreement works
A double tax agreement (DTA) is a tax treaty between two countries, which serves to reduce the potential for double taxation of income and capital gains arising from cross-border transactions. DTAs are an important tool in international tax law as they provide certainty for taxpayers and governments affected by cross-border economic activities. This article examines […]
The Intricacies Of Double Taxation Treaties: An In-Depth Exploration
You’ve probably heard of double taxation treaties, but do you really understand what they’re all about? It’s time to dive into the complex world of international tax laws. They’re not just for multinational corporations – they can impact your personal finances too. Whether you’re a globetrotter or an expat, it’s crucial to know how these […]
Guide To Double Taxation Agreements
Double Taxation Agreements (DTAs) have become increasingly important for international businesses. The agreements are designed to protect businesses from facing double taxation due to the different tax laws of two countries. Such agreements provide certainty and clarity when it comes to how the income of a business is taxed, thereby making it easier for companies […]
How Are Withholding Tax Refunds Claimed Through Double Taxation Agreements?
Withholding tax is a type of income tax that is deducted from income before the payment is made to the taxpayer. Double taxation agreements between countries provide for the avoidance of double taxation on certain types of income. This article will discuss how withholding tax refunds are claimed through double taxation agreements. It has been […]
How Do Double Tax Treaties Eliminate Double Taxation?
Double Tax Treaties (DTTs) are agreements between two countries to avoid double taxation of income generated within each respective country. Double taxation occurs when the same income is subject to tax in both countries, resulting in a heavier burden on taxpayers. DTTs are an important tool for the promotion of international investment and economic growth. […]
Many Insurance Companies are Taxed Twice – Here’s Why
For investment funds, reclaiming international withholding tax is a necessity as many of these funds are subject to double taxation. However, many insurance funds do not recover withholding tax sufficiently. Let’s discuss why. Investment funds have been successfully recovering tax on dividends and interest since the “Fokus bank” case almost two decades ago. Besides the […]
How To Avoid Double Taxation on International Investments
How To Avoid Double Taxation A diversified, global investment portfolio can help you spread your risk – but it could also mean that you are taxed twice on the same investment income. The good news is that you can recoup a significant amount of that tax paid on cross-border investments. We’ll help you find out […]