9.1. Unilateral and Treaty Based Methods Available for the Elimination or Mitigation of Double Taxation
Taxpayer is entitled to credit foreign taxes paid abroad against the tax liability in Kyrgyzstan, provided there is tax treaty entered into by Kyrgyzstan with the country where the foreign taxes are paid and the amount of foreign tax credit does not exceed the amount of Kyrgyzstan tax applicable on such foreign income.
Below is a summary of the available methods for various income tax streams based on domestic law.
| Royalty Copyright | OC |
| Capital Gains | OC |
| Dividends | OC |
| Interest | OC |
| Royalty Patent | OC |
| Sales | OC |
| Service Management | OC |
| Service Technical | OC |
| Royalty Trademark | OC |
The credit column shows the type of foreign tax credit granted when the receiving country receives a payment. Four abbreviations are used for the type of foreign tax credit available:
- NC means no credit but foreign withholding taxes can be deducted.
- OC means ordinary credit, i.e., credit for foreign withholding taxes (e.g., withholding taxes).
- IC means indirect credit, i.e., credit for underlying corporate taxes as well as foreign withholding taxes.
- ND means no credit and no deduction for any foreign withholding taxes incurred.