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VII Verdrag tussen het Koninkrijk der Nederlanden en de Republiek Kazachstan tot het vermijden van dubbele belasting en het voorkomen van het ontgaan van belasting met betrekking tot belastingen naar het inkomen en naar het vermogen

1 It is understood that dividends paid by a company resident in a Contracting State, to a company resident in the other Contracting State, which holds directly or indirectly at least 50 per cent of the capital of the company paying the dividends, shall be exempt from tax in the first Contracting State, provided that the company receiving the dividends has made an investment in the company paying the dividends of at least one million U.S. Dollars, which investment is guaranteed in full or insured in full by the Government of the first Contracting State, the central bank of that State or any agency or instrumentality (including a financial institution) owned or controlled by that Government, and has been approved by the Government of the other Contracting State. If the foregoing investment exceeds one million U.S. Dollars, but the entire investment is not guaranteed in full or insured in full, then this provision shall apply only to that portion of the dividends which the guaranteed or insured portion of the investment bears to the total investment.

2 It is understood that the additional tax provided for in paragraph 8 shall not be levied if the amount invested in the permanent establishment exceeds 500,000 U.S. Dollars and such investment is insured in full or guaranteed in full by the Government of State of which the enterprise is a resident, the central bank of that State or any agency or instrumentality (including a financial institution) owned or controlled by the Government of that State, and has been approved by the Government of the other Contracting State. If the foregoing investment exceeds 500,000 U.S. Dollars, but the entire investment is not guaranteed in full or insured in full, then this provision shall apply only to that portion of the base of the additional tax which the guaranteed or insured portion of the investment bears to the total investment.

3 If, and so long as, a convention for the avoidance of double taxation is effective between Kazakhstan and a present member of the Organization for Economic Cooperation and Development, which convention does not provide for an additional tax such as that provided for in paragraph 8 of Article 10 of this Convention, the additional tax mentioned therein shall not be levied upon enterprises resident in the Netherlands.

Regeling
Verdrag tussen het Koninkrijk der Nederlanden en de Republiek Kazachstan tot het vermijden van dubbele belasting en het voorkomen van het ontgaan van belasting met betrekking tot belastingen naar het inkomen en naar het vermogen
Soort
Verdrag
Geldend vanaf
02-05-1997
BWB-id
BWBV0001263
Versie
1997-05-02_0

In de hele regeling · Officiële tekst op wetten.overheid.nl