agreement on cancellation of double taxation

简明释义

避免双重征税协定

英英释义

例句

1.Investors should check if their country has an agreement on cancellation of double taxation with the country they are investing in.

投资者应检查他们的国家是否与其投资国有消除双重征税的协议。

2.After lengthy negotiations, the nations reached an agreement on cancellation of double taxation that benefits both sides.

经过漫长的谈判，各国达成了一项对双方都有利的消除双重征税的协议。

3.The agreement on cancellation of double taxation helps expatriates manage their tax liabilities more effectively.

这项消除双重征税的协议帮助外籍人士更有效地管理他们的税务负担。

4.Businesses operating internationally often seek an agreement on cancellation of double taxation to avoid paying taxes in multiple jurisdictions.

在国际上运营的企业通常寻求一项消除双重征税的协议以避免在多个管辖区内缴税。

5.The two countries signed an agreement on cancellation of double taxation to promote trade and investment.

这两个国家签署了一项消除双重征税的协议以促进贸易和投资。

作文

In today's globalized economy, businesses and individuals often operate across national borders. This has led to the need for clear tax regulations to avoid the issue of double taxation. One significant solution to this problem is the agreement on cancellation of double taxation, which is a treaty between two or more countries aimed at preventing the same income from being taxed in multiple jurisdictions. Such agreements are crucial for promoting international trade and investment, as they provide clarity and security for taxpayers. Double taxation occurs when a taxpayer is liable to pay tax on the same income in more than one country. For instance, if a resident of Country A earns income from Country B, both countries may claim the right to tax that income. This can lead to a significant financial burden on individuals and corporations, discouraging them from engaging in cross-border activities. The agreement on cancellation of double taxation serves to alleviate this burden by clearly defining which country has taxing rights over specific types of income.The benefits of such agreements are manifold. Firstly, they help to eliminate the risk of double taxation, thereby encouraging foreign investment. Investors are more likely to invest in a country if they know that their income will not be taxed twice. Secondly, these agreements foster economic cooperation between countries, creating a more favorable environment for trade. When businesses feel secure about their tax obligations, they are more inclined to expand their operations internationally.Moreover, the agreement on cancellation of double taxation often includes provisions for the exchange of information between tax authorities of the contracting countries. This helps to combat tax evasion and ensures that all parties comply with their tax obligations. By sharing information, countries can work together to identify and address issues related to tax avoidance, leading to a fairer tax system overall.In addition to promoting investment and trade, these agreements also contribute to the stability of the international tax system. As countries continue to negotiate and enter into agreement on cancellation of double taxation, they create a more predictable tax environment. This predictability is essential for businesses as it allows them to plan their finances and operations with greater certainty.However, negotiating and implementing these agreements can be complex. Countries must consider their own tax policies and how they align with those of their partners. Furthermore, there is often a need for compromise, as each nation will have its own interests and priorities. Despite these challenges, the long-term benefits of agreement on cancellation of double taxation far outweigh the difficulties involved in their creation.In conclusion, the agreement on cancellation of double taxation plays a vital role in the modern economy by preventing double taxation, encouraging foreign investment, and fostering international cooperation. As globalization continues to evolve, the importance of these agreements will only grow. Countries must remain committed to negotiating and implementing effective tax treaties to ensure a fair and efficient tax system that benefits everyone involved. By doing so, they can promote economic growth and stability in an increasingly interconnected world.

在当今全球化经济中，企业和个人往往跨越国界进行操作。这导致了对明确税收法规的需求，以避免双重征税的问题。解决这一问题的重要方案之一是取消双重征税的协议，这是两个或多个国家之间的条约，旨在防止同一收入在多个管辖区被征税。这类协议对于促进国际贸易和投资至关重要，因为它们为纳税人提供了明确性和安全感。双重征税发生在纳税人需要在两个国家对同一收入承担税务责任时。例如，如果居住在A国的人从B国获得收入，那么两个国家都可以主张对该收入征税。这可能会给个人和企业带来巨大的财政负担，劝阻他们参与跨境活动。取消双重征税的协议通过明确规定哪一个国家对特定类型的收入拥有征税权，来减轻这一负担。这类协议的好处有很多。首先，它们有助于消除双重征税的风险，从而鼓励外国投资。如果投资者知道他们的收入不会被征税两次，他们更可能在一个国家进行投资。其次，这些协议促进了国家之间的经济合作，为贸易创造了更有利的环境。当企业对其税务义务感到安全时，他们更倾向于在国际上扩展业务。此外，取消双重征税的协议通常包括合同国之间税务机关信息交换的条款。这有助于打击逃税行为，并确保所有各方遵守其税务义务。通过共享信息，各国可以共同努力识别和解决与避税相关的问题，从而导致整体税制更加公平。除了促进投资和贸易，这些协议还为国际税制的稳定做出了贡献。随着各国继续谈判并签署取消双重征税的协议，它们创造了一个更可预测的税务环境。这种可预测性对企业至关重要，因为它允许他们更有把握地规划财务和运营。然而，谈判和实施这些协议可能是复杂的。各国必须考虑自身的税收政策以及它们与合作伙伴的政策如何协调。此外，通常需要妥协，因为每个国家都会有自己的利益和优先事项。尽管存在这些挑战，取消双重征税的协议的长期利益远远超过了其创建过程中面临的困难。总之，取消双重征税的协议在现代经济中发挥着至关重要的作用，通过防止双重征税、鼓励外国投资和促进国际合作。随着全球化的不断发展，这些协议的重要性只会增加。各国必须继续致力于谈判和实施有效的税收条约，以确保一个公平和高效的税制，造福所有相关方。通过这样做，他们可以在日益互联的世界中促进经济增长和稳定。