5A Previous agreements remain in force The provisions of each of the agreements mentioned below, to the extent that these provisions relate to Australian tax, remain legally applicable to the taxation of income or ancillary benefits for which the agreement remains valid. Note 2: Some current agreements become final by other provisions of this Act. Despite the name, double taxation agreements are designed to prevent you from paying twice your taxes. Under double taxation agreements, some foreign residents are exempt from paying Australian taxes. Australia has double taxation agreements with many countries, Of which Argentina, Austria, Belgium, Canada, Chile, China, Czech Republic, Denmark, Czech Republic, Fiji, Finland, France, Hungary, Hungary, India, Indonesia, Ireland, Italy, Japan, Kiribati, Malaysia, Mexico, Netherlands, New Zealand, Norway, Papua New Guinea, Philippines, Poland, Romania, Russia, Singapore, Slovakia, South Korea, South Korea, Spain, Sri Lanka, Sweden, Switzerland, Taipeh Turkey, the United States and Vietnam. Note: Most of the agreements, protocols and other agreements described in these sections are listed in the series of contracts in Australia. In 2011, the text of an agreement in the Australian Treaty Series on the Library of Treaties of Australia was available on the AustLII (www.austlii.edu.au) website. A tax treaty is also called a tax treaty or double taxation agreement (DBA). They prevent double taxation and tax evasion and promote cooperation between Australia and other international tax authorities by enforcing their respective tax laws. The Chinese Airline Profits Agreement refers to the agreement reached in Beijing on 22 November 1985 between the Australian government and the Government of the People`s Republic of China to avoid double taxation of international air transport revenues and revenues.
With regard to income tax, the Commission has reached an agreement on the prevention of double taxation and the prevention of income tax evasion, 3. The competent authorities jointly endeavour to resolve any difficulties or doubts as to the interpretation or application of this agreement. They can also work together to eliminate double taxation in cases not included in this agreement. How can we request a decision by the competent authority, in accordance with Article 4, paragraph 3, of the New Australia Double Taxation Convention, in the measures related to Article 4, paragraph 1, of the Multilateral Convention on the Implementation of Tax Contract Measures to Prevent Base Erosion and Profit Transfer (LIV)? (a) the agreement between Australia and the Republic of Chile to avoid double taxation on the taxation of income and ancillary benefits and the prevention of tax evasion; and here you will find information on international tax treaties for Australian residents and non-residents.