Convention between Italy and Lebanon for the avoidance of double taxation.
Cooperation between Italy and Lebanon on tax matters.
The Convention shall apply to taxes on income imposed on behalf of each Contracting State or of its political or administrative subdivisions or local authorities, irrespective of the manner in which they are levied.
There shall be regarded as taxes on income all taxes imposed on total income, or on elements of income, including taxes on gains from the alienation of movable or immovable property, taxes on the total amounts of wages or salaries paid by enterprises, as well as taxes on capital appreciation.
The existing taxes to which the Convention shall apply are in particular: (a) in the case of Lebanon:
(i) the tax on the profits of industrial, commercial and non commercial professions;
(ii) the tax on salaries, wages and pensions;
(iii) the tax on income derived from movable capital;
(iv) the tax on built property;
(b) in the case of Italy:
(i) the personal income tax (l'imposta sul reddito delle persone fisiche);
(ii) the corporate income tax (l'imposta sul reddito delle persone giuridiche);
(iii) the regional tax on productive activities (l’imposta regionale sulle attività produttive).
The Convention shall also apply to any identical or substantially similar taxes which are imposed after the date of signature of this Convention in addition to, or in place of, the existing taxes. The competent authorities of the Contracting States shall notify each other of any significant change which have been made in their respective taxation laws.
The Convention shall apply to persons who are residents of one or both of the Contracting States. For the purposes of the Convention, the term "resident of a Contracting State" means any person who, under the law of that State, is liable to tax therein by reason of his domicile, residence, place of management, or any other criterion of a similar nature. But this term does not include any person who is liable to tax in that State in respect only of income from sources situated in that State.
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Published on 05 February 2016
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