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Bi lateral tax treaty

Hhasanali9512y ago
If a bilateral tax treaty doesnt exist between the parents country and the subs country and the sub is paying tax @40% and parent at 20%,will the parent have to again pay 20% on the remittances it received? Thanks
John MoffatJohn MoffatTutor12y ago#1
Yes. However, in the exam you would assume a bilateral tax treaty unless told otherwise.
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