Home Acts & Rules DTAA Agreements Ethiopia This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Article 2 - TAXES COVERED - EthiopiaExtract Article 2 TAXES COVERED 1. This Agreement shall apply to taxes on income imposed on behalf of a Contracting State or of its political subdivisions or local authorities, irrespective of the manner in which they are levied. 2. There shall be regarded as taxes on income all taxes imposed on total income, or on elements of income, including taxes on gains from the alienation of movable or immovable property and taxes on the total amounts of wages or salaries paid by enterprises. 3. The existing taxes to which this Agreement shall apply are in particular: a) in the case of India, the income tax, including any surcharge thereon; (hereinafter referred to as "Indian tax"); b) in the case of Ethiopia :- (i) The tax on income and profit imposed by the Income Tax Proclamation No.286/2002; and (ii) The tax on income from mining, petroleum and agricultural activities imposed by the respective Proclamations (hereinafter referred to as " Ethiopian tax"). 4. The Agreement shall apply also to any identical or substantially similar taxes, which are imposed after the date of signature of this Agreement in addition to, 'or in place of, the existing taxes. The competent authorities of the Contracting States shall notify each other of any significant changes, which have been made in their respective taxation laws.
|