International Tax Flashcards
1
Q
What is a tax treaty ?
A
A tax treaty determines which country get to tax what income and to what extent
If there is no treaty, then you are subject to tax in both countries
2
Q
dual residency
A
Tax residence in both countries
3
Q
Test to determine where taxed?
A
Order is Permanent home, Centre of vital interest, habitual abode, ultimate tie Breaker test
