# Scope of the convention (1) Persons covered (2) Taxes covered
# *Persons covered*-
*Resident of Contracting State (CS)- For application of treaty, a person has to be a resident of one or both of the CSs.
*Fiscally transparent entity*-Income derived by or through a fiscally transparent entity under the tax law of either CS to be considered to be income of a resident of a CS, to the extent such income is treated, for the purposes of taxation by that State, as the income of a resident of that State.
For daily updates, you may join:
1. FEMA & International taxation https://chat.whatsapp.com/J3O8lXBnYzdLnWmql7cBVG
2 *YouTube Link https://www.youtube.com/channel/UCtgyAk11-4JfHh1mHDyZ5bg