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   

Ringgit Exempt Supply Credit-Worthiness Money Trail
Liquid Assets Convention right Uuencode Grant of representation
Utilities Company Buy back Credit Concentration Tsunami
Proprietor Gross domestic product - GDP BACS - Stateful Inspection
Cryptography Critical Success Factors EDCS Principal Place of Business
Privilege HMAC Stet Judiciary
OTC Margin Scheme Advance information Call Option
Share Premium Cookie Tariff Quotas Write off
Forced Acquisition Historical Cost Financial equity ICO
Double Deflation Re-Enlistment Bonus Bid Exempt Persons

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.