DBAs reduce double taxation more than national legislation prefers. It is explained: that the provisions in the Agreement of Flight Plans 1 and 2, which were made with the United Kingdom Government to allow the exemption from double taxation with respect to income tax and surcompensation tax, introduce, under the Income and Corporate Tax Act 1976 , corporate tax, capital gains tax and mineral oil tax imposed by UK laws on income tax and income tax, as well as personal income tax, corporate tax, capital gains tax and mineral oil tax imposed by UK laws. , which is enshrined in this law or any other decree, in force from 1 April 1984. This proposal, acceptable to the Government of New Zealand, gives me the honour of confirming that Your Excellency`s note and response are seen as an agreement between the two governments on this issue, which will come into force at the same time as the Protocol enters into force. If he is a national of either state or one, the matter is resolved by the competent authorities of the contracting states. This Convention does not affect the tax privileges of members of diplomatic or permanent missions or consular missions, in accordance with the general rules of international law or the provisions of specific agreements. The competent authorities of the contracting states try to resolve by mutual agreement any difficulty or doubt about the interpretation or application of the convention. Brazil has an extensive network of tax agreements aimed at minimizing double taxation related to an international mission. Tax treaties deal with double taxation of income and the application of tax treaties and the interpretation of rules can be quite complex.
Therefore, we recommend that you contact your tax advisor before making decisions based on the application of the contractual provisions. All DBAs include the POP as a low-cost dispute resolution mechanism. As a general rule, the POP only provides for the relevant authorities to work to resolve the problem. However, some POPs provisions are supplemented by arbitration provisions to eliminate cases where the relevant authorities are unable to reach an agreement.