Double Taxation Treaty
/ˈdʌbəl tækˌseɪʃən ˈtriːti/
Definitions
- (n.) An international agreement between two or more countries to avoid taxing the same income twice.
The double taxation treaty between the US and Canada simplifies tax obligations for cross-border workers.
Forms
- double taxation treaty
- double taxation treaties
Related terms
See also
Commentary
Double taxation treaties are crucial in international tax law to prevent fiscal evasion and provide tax certainty. Drafting should clearly specify applicable taxes and residency rules.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.