MenuClose

ARTICLE 21
PROFESSORS, TEACHERS AND RESEARCHERS

 

1.            Remuneration which a professor or teacher who  is  or was immediately before visiting  a Contracting State  a  resident  of  the  other Contracting  State  and  who  is  present  in  the first-mentined  State  for   a  period  not  exceeding   two  years  for  the  purpose   of   carrying   out advanced   study  or  research  or  for  teaching  at  a  university, receives for such work shall not be taxed  in  that State, provided that such remuneration is derived by him from outside that State.

 

2.         This Article shall not apply  to  income  from  research if such research is undertaken primarily for the  private benefit of a specific person or persons.

 

 

ARTICLE 22
OTHER INCOME

 

            Items of income of a resident of a Contracting  State  not dealt with in the foregoing Articles  of  this Convention  may  be taxed in the State where  the  income arises.

 

 

ARTICLE 23
ELIMINATION OF DOUBLE TAXATION

 

1.         The  laws  in force in either of the  Contracting States shall continue to govern the taxation of income in the respective Contracting States except where provisions  to the contrary are made in this Convention. 

 

2.         The amount of Thai tax payable, under the  laws of Thailand and in accordance with the provisions of this Convention,  whether  directly  or  by  deduction,  by  a  resident  of  Cyprus, in respect of profits,  income,  or  gains arising in Thailand,  shall be allowed as a  credit  against the Cyprus tax payable in respect of such profits,  income, or gains provided that such credit shall not exceed  the Cyprus tax (as computed before allowing any such credit)  which  is  appropriate to the profits,  income,  or  gains  arising in Thailand.

 

3.         The amount of Cyprus tax payable under the  laws  of  Cyprus and in accordance with the provisions of  this  Convention,  whether  directly  or  by  deduction,  by  a   resident  of Thailand, in respect of profits, income,  or  gains arising in Cyprus,  shall be allowed  as  a  credit against Thai tax  payable  in  respect  of such  profits,  income, or  gains  provided that such  credit  shall  not  exceed the Thai tax (as computed before allowing any such  credit)  which is appropriate to the profits, income,  or  gains arising in Cyprus.

 

4.         The tax payable in a Contracting State mentioned in  paragraph 2 and paragraph 3 of this Article shall be deemed to include the tax which would have been  payable but for the tax incentives granted under the laws of  the Contracting  State  and  which are  designed  to  promote  economic  development.  For the purpose of paragraph 2 of Article 10, paragraph 2  of  Article 11 and paragraph 2 of Article 12 the amount of tax shall be deemed to be 10 per cent of the gross amount of dividend,  10 per cent  or 15 per cent of the gross amount of interest in accordance of subparagraph (a) to (d) of paragraph 2 of Article 11 and 5 per cent or 10 per cent or 15 per cent of the gross amount of royalties in accordance with subparagraph (a) to (c) of paragraph 2 of Article 12.

 

5.         Where  under this Convention a  resident  of  a Contracting State is exempt from tax in that  Contracting State  in  respect  of  income  derived  from  the  other Contracting  State, then  the first-mentioned  Contracting  State may, in calculating tax on the remaining income  of  that person, apply the rate of tax which would have  been applicable if the income exempted from tax in  accordance with this Convention had not been so exempted.

 

 

ARTICLE 24
NON-DISCRIMINATION

 

1.            Nationals  of  a  Contracting  State  shall not be  subjected  in  the other  Contracting  State to any taxation or any requirement connected therewith which  is other or more burdensome than the taxation and  connected requirements to which nationals of that other  State  in the same circumstances are or may be subjected.

 

2.         The taxation on a permanent establishment which an  enterprise  of a Contracting State has in  the  other  Contracting State shall not be less favourably levied  in that other State than the taxation levied on  enterprises of  that other State carrying on the same  activities  in  the same circumstances.

 

3.            Enterprises of a Contracting State, the capital  of  which  is  wholly  or  partly  owned  or  controlled,   directly  or indirectly, by one or more residents of  the  other  Contracting State, shall not be subjected  in  the  first-mentioned State to any taxation or any  requirement  connected  therewith  which is other or  more  burdensome than  the  taxation and connected requirements  to  which other  similar enterprises of the  first-mentioned  State are or may be subjected.

 

4.         Except where the provisions of paragraph  1  of  Article  9, paragraph 6 of Article 11, or paragraph 6  of  Article   12,  apply,  interest,  royalties   and   other  disbursements  paid  by an enterprise  of  a  Contracting  State to a resident of the other Contracting State shall,  for  the  purpose of determining the taxable  profits  of  such enterprise, be deductible under the same  conditions  as  if  they had been paid to a resident  of  the  first-mentioned Contracting State.

 

5.         The  provisions  of this Article shall  not  be construed  as  obliging a Contracting State to  grant  to residents  of  the other Contracting State  any  personal  allowances, reliefs and reductions for taxation  purposes  on  account  of civil status or  family  responsibilities which it grants to its own residents.

 

6.         The provisions of this Article shall only apply  to the taxes which are the subject of this Convention.

 

 

ARTICLE 25
MUTUAL AGREEMENT PROCEDURE

 

1.         Where   a  resident  of   a  Contracting  State considers  that  the  actions  of  one  or  both  of  the  Contracting  States  result  or will result  for  him  in   taxation not in accordance with this Convention, he  may,  irrespective  of  the remedies provided by  the  domestic laws  of those States, present his case to the  competent  authority  of  the  Contracting State of which  he  is  a resident.  The case must be presented within three  years from  the first notification of the action  resulting  in taxation  not in accordance with the provisions  of  this Convention.

 

2.         The  competent  authority shall  endeavour,  if the objection appears to it to be justified and  if it  is not itself able to arrive at a satisfactory  solution, to  resolve  the  case  by  mutual  agreement,  with  the competent authority of the other Contracting State with a  view  to  the  avoidance  of taxation  which  is  not  in accordance with the Convention.

 

3.         The competent  authorities of  the  Contracting  States shall endeavour to resolve by mutual agreement  any  difficulties  or  doubts  arising  as  to  the  interpretation  or  application  of   the Convention.  They may also  consult  together for the elimination of double taxation in  cases not provided for in the Convention.

 

4.         The  competent authorities of  the  Contracting  State  may communicate with each other directly  for  the purposes  of  reaching an agreement in the sense  of  the preceding  paragraphs.   When  it  seems  advisable for reaching  agreement,  representatives  of  the  competent authorities  of the Contracting States may meet  together for an oral exchange of opinions.

 

 

Last updated: 08.12.2011