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Double Tax Avoidance Agreement
"I need a Double Tax Avoidance Agreement between Belgium and Singapore for our technology company's expansion, with specific emphasis on digital services taxation and intellectual property rights, to be implemented by March 2025."
1. Parties: Identification of the contracting states entering into the agreement
2. Background: Context and purpose of the agreement, including the intention to eliminate double taxation
3. Definitions: Definitions of key terms used in the agreement, including 'resident', 'permanent establishment', and types of income
4. Scope of Agreement: Specification of taxes and persons covered by the agreement
5. Residence: Rules for determining tax residence and resolving dual residence issues
6. Permanent Establishment: Definition and conditions constituting a permanent establishment
7. Income from Immovable Property: Taxation rules for income derived from real estate
8. Business Profits: Rules for taxation of business income and profit attribution
9. Associated Enterprises: Provisions regarding transfer pricing and related party transactions
10. Dividends, Interest, and Royalties: Taxation rules for investment income and intellectual property payments
11. Capital Gains: Treatment of gains from alienation of property
12. Employment Income: Rules for taxation of salaries, wages, and other employment remuneration
13. Elimination of Double Taxation: Methods and procedures for avoiding double taxation
14. Non-discrimination: Provisions ensuring fair treatment of residents of both states
15. Mutual Agreement Procedure: Procedures for resolving disputes between tax authorities
16. Exchange of Information: Framework for information sharing between tax authorities
17. Entry into Force: Provisions regarding when the agreement becomes effective
18. Termination: Conditions and procedures for terminating the agreement
1. Government Service: Special provisions for government employees and officials, included when significant government service arrangements exist between countries
2. Artists and Sportspersons: Special rules for entertainers and athletes, included when significant cultural exchange exists
3. Students: Provisions for students and trainees, included when there is significant educational exchange
4. Offshore Activities: Special provisions for offshore operations, included when dealing with countries with significant offshore industries
5. Technical Services: Specific provisions for technical service fees, included when significant technical cooperation exists
6. Limitation of Benefits: Anti-abuse provisions, included when there are concerns about treaty shopping
7. Most Favored Nation Treatment: Provisions ensuring equal treatment with other tax treaties, included in treaties with developing countries
8. Tax Sparing: Special provisions for tax incentives recognition, typically included with developing countries
1. Schedule A - Taxes Covered: Detailed list of specific taxes in each contracting state covered by the agreement
2. Schedule B - Competent Authorities: Designation and contact details of competent authorities in each state
3. Schedule C - Exchange of Information Procedures: Detailed procedures and formats for information exchange between authorities
4. Schedule D - Mutual Agreement Procedure Guidelines: Detailed steps and timelines for dispute resolution
5. Appendix 1 - Forms and Certificates: Standard forms for tax residence certification and treaty benefits claims
6. Appendix 2 - Rate Tables: Detailed tables of applicable tax rates for different types of income
7. Appendix 3 - Anti-abuse Provisions: Detailed explanations and examples of anti-abuse rules
8. Protocol: Additional agreements or clarifications on specific provisions of the main agreement
Authors
Financial Services
Manufacturing
Technology
Energy
Telecommunications
Professional Services
Transportation and Logistics
Mining and Natural Resources
Pharmaceutical
Real Estate
Construction
Retail and Consumer Goods
Aviation
Maritime
Agriculture
Finance
Tax
Legal
Treasury
International Operations
Risk Management
Compliance
Corporate Development
Government Relations
Strategy
Accounting
Global Mobility
Chief Financial Officer
Tax Director
International Tax Manager
Transfer Pricing Manager
Tax Compliance Manager
Corporate Controller
Finance Director
Treasury Manager
International Business Development Manager
Legal Counsel
Tax Partner
Global Mobility Manager
Financial Planning Manager
Corporate Secretary
Risk Management Director
International Operations Director
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