Article 3 - General definitions - Finland (Old - Effective upto 31-3-2011)

ARTICLE 3 - General definitions - 1. For the purposes of this Convention, unless the context otherwise requires : (a) the term person includes an individual, a company and any other body of persons; (b) the term company means any body corporate or any entity which is treated as a body corporate for tax purposes; (c) the terms enterprise of a Contracting State and enterprise of the other Contracting State mean respectively an enterprise carried on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State; (d) the term national means any individual possessing the nationality of a Contracting State, and any legal person, partnership and association deriving its status as such from the laws in force in a Contracting State; (e) the term international traffic means any transport by a ship or aircraft operated by an enterprise of a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State; (f) the term competent authority means : (i) in Finland, the Ministry of Finance, its authorised representative or the authority which, by the Ministry of Finance, is designated as competent authority; (ii) in India, the Central Government in the Ministry of Finance (Department of Revenue), or their authorised representative; (g) the term fiscal year means : (i) in Finland, the tax year as defined in the taxation laws of Finland relating to income-tax; (ii) in India, the previous year as defined in section 3 of the Income-tax Act, 1961; (h) the term tax means Finnish tax or Indian tax, as the context requires, but shall not include any amount which is payable in respect of any default or omission in relation to the taxes to which the Convention applies or which represents a penalty or interest imposed relating to those taxes. 2. As regards the application of the Convention by a Contracting State, any term not defined therein shall, unless the context otherwise requires, have the meaning which it has under the laws of that State concerning the taxes to which the Convention applies.