Agreement between the Government of India and the Government of the Lebanese Republic for the Avoidance of Double Taxation of The Income of Aircraft Operating Enterprises. Under certain conditions and as agreed in the treaties signed between the two countries, the creation of a company in Lebanon will allow this company to benefit from the content of the non-double tax agreement signed by Lebanon and the other country. You will find the text of the tax treaty on www.gov.uk/government/publications/lebanon-tax-treaties We can provide current and historical tax rates, comparative tables and country surveys via our specialized tax databases. We have recent summaries of the most important facts, as well as detailed analyses of the tax system in countries around the world that cover corporate taxation, individual taxation, companies and investments. The legislation in force in both States Parties shall continue to regulate the taxation and taxation of income in the States Parties, except as expressly provided in this Convention. There is no comprehensive double taxation convention between the United Kingdom and Lebanon. The Government of India and the Government of the Lebanese Republic intend to conclude an agreement to avoid double taxation of the income of enterprises that operate aircraft that are taxable in those countries and that are taxable in those countries in accordance with the applicable law. We have a collection of global double taxation treaties in English (and other languages, if available) to help members ask questions. If you are having trouble finding a contract, please call the application team on +44 (0) 20 7920 8620 or email us at library@icaew.com. In addition, we help you to obtain all the documents related to the creation of the company, including the certificate of residence of the company in Lebanon, in order to benefit from the advantages of the double taxation agreement / convention with the country concerned.
Double taxation is achieved when the same transaction or source of income is subject to two or more tax authorities. This can be done within a single country if independent government entities have the power to tax a transaction or source of income, or can lead different sovereign states to levy separate taxes, in which case it is called international double taxation. The problem of double taxation is due to the fact that tax jurisdictions do not follow a common principle of taxation. A tax country may tax income at its source, while other income is taxable on the basis of the residence or nationality of the beneficiary. In fact, a jurisdiction could use all three fundamental approaches to tax collection. Learn about tax rates, the latest tax messages and information on double taxation treaties with our specialized online resources, guides and useful links. G.S.R.1552-1553.—If the attached Agreement between the Government of India and the Government of the Lebanese Republic for the avoidance of double taxation of the income of aircraft operators has been ratified and the instruments of ratification exchanged in accordance with Article V of the said Convention. . . .