Home Acts & Rules DTAA Synthesised Text Hungary This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Article 2 - Taxes Covered - HungaryExtract ARTICLE 2 TAXES COVERED 1. This Convention shall apply to taxes on income imposed on behalf of a Contracting State, 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, taxes on the total amount of wages or salaries paid by enterprises, as well as taxes on capital appreciation. 3. The existing taxes to which the Convention shall apply are in particular: (a) in Hungary: (i) the income-tax on individuals; (ii) the corporation tax; (iii) the dividend tax; (hereinafter referred to as Hungarian tax ); (b) in India: the income-tax, including any surcharge thereon (hereinafter referred to as Indian tax ). 4. The Convention shall apply also to any identical or substantially similar taxes which are imposed after the date of signature of the Convention in addition to, or in place of, the existing taxes. The competent authorities of the Contracting States shall notify each other of any substantial changes which have been made in their respective taxation laws.
|