TMI BlogMETHODS FOR ELIMINATION OF DOUBLE TAXATIONX X X X Extracts X X X X X X X X Extracts X X X X ..... hall be eliminated as follows: (a) Where a resident of a Contracting State derives income which, in accordance with the provisions of this Agreement may be taxed in the other Contracting State, the first-mentioned State shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in that other State. Such deduction shall not, however, exceed that ..... X X X X Extracts X X X X X X X X Extracts X X X X
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