double taxation

(redirected from Dual taxation)
Also found in: Financial.

double taxation

n. taxation of the same property for the same purpose twice in one year. This is generally prohibited if it occurs through such circumstances as transfer of property which has been taxed once and then the tax is imposed on a new owner. However, if all property in a jurisdiction is taxed twice in the same year, it is legal since not discriminatory or unfair.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
Mentioned in ?
References in periodicals archive ?
The cabinet secretary also said that the cabinet has approved the "Leather and Leather Goods Development Policy, 2019" giving emphasis on attracting foreign investment as Bangladesh has set a target to earn five billion US dollars from export in this sector by 2024 and a pact signed between Bangladesh and Czech Republic to avoid dual taxation and stop dodges of revenue.
Cabinet okays leather-product development policy and new aviation act
With the attendance of Gomes, Sheikh Abdullah and Barbosa signed an agreement between their governments to avoid dual taxation and prevent tax evasion, as well as another agreement to promote and protect mutual investments, and a Memorandum of Understanding, MoU, related to the political consultations between their respective ministries.
Abdullah bin Zayed receives Prime Minister of Guinea-Bissau
The agreement on preventing dual taxation was signed by Finance Minister Omar Malhas and Tajik Finance Minister Qurboniyon Abdusalom Karim.
King, President of Tajikistan hold talks in Amman
The two leaders signed agreements to prevent dual taxation and to boost cultural cooperation.
Erdogan visits Kuwait for talks with Emir
The council will demand amendments to some items in the tax law, mainly the dual taxation, the NNA said.
Hariri stands by biometric IDs, May 2018 elections date
Summary: Cambodia and Thailand have officially signed a double taxation agreement (DTA) that protects each countryEe's nationals from dual taxation and aims to encourage bilateral investment and strengthen economic ties.
THAILAND: TAX AGREEMENT WITH CAMBODIA
Fortunately, totalization agreements also prevent dual taxation.
Collecting Social Security Overseas
Moreover, Growers of the district have protested against the policy of the government to impose dual taxation from them and called upon the government to withdraw the notices issued by the Board of Revenue under the Income Tax Act for the realisaton of income tax.
DCO urges collective efforts to mitigate ailing people
Asif Haroon recommended that Dual Taxation should be avoided - FED and Provincial Taxes e.g.
BUDGET 2016-17 - INSTITUTE OF CHARTERED ACCOUNTANTS OF PAKISTAN GIVES ROAD MAP TO BROADEN TAX BASE
An agreement on evading dual taxation was signed by Finance Minister Ibrahim Al-Assaf and his Turkmenistan's counterpart, Mohammed Goli Mohammadov.
Turkmenistan backs Saudi war on terror
An agreement on evading dual taxation was signed on the Saudi side by Dr.
Custodian of the Two Holy Mosques and the President of Turkmenistan hold talks, attend signing ceremony of nine agreements and memos 3 Riyadh
An agreement on avoidance of dual taxation between the governments of the two countries by Shaikh Khalid and Egyptian Finance Minister Amr Abdulaziz Al Jarhi
Accords signed

Legal browser ?
Full browser ?