Business terms and jargon explained. Your business dictionary

What is Tax Treaty

This is where two or more countries sign an agreement concerning taxes. Where there is a lot of people and businesses that inter-trade or work they will find themselves taxed by both countries.

To avoid double taxation the countries will have to agree who and how individuals and business will be taxed and how and when they can get exemption so that they are not double taxed. The system can be very complicated but there is set procedures that mean that double taxation can be avoided. Proper tax planning will remove an unnecessary burden and encourage trade between countries.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z


Search Term   

FAQ Ogden tables Appraiser Royal Mint
N337 Civil Court form Crawler SEED OTR
Price floor Indemnify Unpaid dividend Quoted company
Repo Pa'anga Qualifying share Prospecting
High Credit Shortfall Equity Line Give as you earn (GAYE)
Gaming Duty Registry Installment Refund
Bad debt Bad Debt Relief Intermediate Output Expert witness
Make waves Commission Agent RAR Domicile
Concentration ratio Debt collection letters MD5 Promotion
Earned value Analysis Advance information Yuan Subsidiary

Term created / updated 2006-05-20 08:04:50

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.