International taxation-Model Tax Conventions Series-KP 3 (09-07-2020)

# Scope of the convention (1) Persons covered (2) Taxes covered

# *Taxes covered*-

  • Taxes on Income and capital
  • The MCs apply to taxes on income and on capital imposed on behalf imposed on behalf of a CS or of its political subdivisions or local authorities, irrespective of the manner in which they are levied.
  • Coverage of taxes-Taxes on Income and on capital covers:
  • *Taxes imposed*

On Total Income

On Total Capital

On elements of income or of capital

  • Taxes included

Taxes on *gains from alienation* of movable or immovable property

Taxes on total amounts of wages or salaries paid by enterprises

Taxes on capital appreciation

Series continue……

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