As soon as a taxpayer lives in one country and derives income or capital gains from another there is a need to consider the role of any applicable Tax Treaty.
Tax Treaties are agreed between jurisdictions internationally in an effort to avoid the double taxation of income and to provide clarity on issues such as the tax residency of individuals and businesses.
In respect of certain types of income Treaties can provide sole taxing rights to one of the two jurisdictions – or they provide that income is taxable in both jurisdictions with a suitable tax credit or tax offset made available to ensure income is not taxed twice.
The bdh Tax team is experienced in the interpretation and application of Tax Treaties, and will be pleased to have a free initial discussion with you if you believe a Tax Treaty has relevance to your tax position.
If you think you might need help please complete the enquiry form on this web page.
More details of the specific areas where we can assist with Tax Treaty matters are here: