Details have become available of the amending protocol, signed on 5 July 2012, to the Norway - Poland Income Tax Treaty (2009).
Under article I of the protocol, amending paragraph 3 of article 14 of the treaty, remuneration derived in respect of an employment exercised aboard a ship operated in international traffic by an enterprise of a contracting state may exclusively be taxed in that state. The exception for employment exercised aboard ships registered in the Norwegian International Ships register envisaged by the treaty will be abolished.
Furthermore, by adding letter (d) to paragraph 1 of article 22 of the treaty, Poland will apply credit method for the avoidance of double taxation where a resident of Poland derives income, which under the treaty may be taxed in Norway, but is exempt from tax under the domestic law of Norway. In general, Poland applies the exemption method, except for dividends, interest, royalties and capital gains.
We’re here to answer any questions you have about the Orbitax products and services.
We’re committed to providing high value, low cost tax research and management solutions.
Our Twitter account is where you can find latest information, news updates, offers and lots more.