Treaty Series Recueil des Traitds - United Nations Treaty Collection
Share Embed Flag
Download ePaper

Treaty Series Recueil des Traitds - United Nations Treaty Collection

Treaty Series Recueil des Traitds - United Nations Treaty Collection Treaty Series Recueil des Traitds - United Nations Treaty Collection

treaties.un.org
from treaties.un.org More from this publisher
07.10.2013 Views

168 United Nations- Treaty Series 1967 redeemable share capital or security so issued as is not properly referable to new consideration. (7) If the recipient of a dividend is a company which owns ten per cent. or more of the class of shares in respect of which the dividend is paid then neither paragraph (1) nor paragraph (2) of this Article shall apply to the dividend to the extent that it can have been paid only out of profits which the company paying the dividend earned or other income which it received in a period ending twelve months or more before the relevant date. For the purposes of this paragraph the term " relevant date " means the date on which the beneficial owner of the dividend became the owner of ten per cent. or more of the class of shares in question. Provided that this paragraph shall not apply if the recipient of the dividend shows that the shares were acquired for bona fide commercial reasons and not primarily for the purpose of securing the benefit of this Article. Article 8 (1) Royalties derived from sources within one of the Contracting States by a resident of the other Contracting State who is subject to tax in that other Contracting State in respect thereof shall be exempt from tax in the first-mentioned Contracting State. (2) The term " royalties " as used in this Article means payments of any kind received as consideration for the use of, or the right to use, any copyright, patent, trade mark, design, model, plan, secret formula or process or for the use of, or the right to use, industrial, commercial or scientific equipment, or for information concerning industrial, commercial or scientific experience, but does not include any royalty or other amount paid in respect of motion picture films or of tapes for telecasting or of the operation of a mine, oil well, quarry or any other place of extraction of natural resources. (3) Sums derived by a resident of one of the Contracting States from sources within the other Contracting State from the alienation of any right or property from which royalties, as defined in paragraph (2) of this Article, are or may be derived, shall be exempt from tax in the other Contracting State. (4) The provisions of paragraphs (1) and (3) of this Article shall not apply to royalties or sums received by a resident of one of the Contracting States where such royalties or sums are attributable to a permanent establishment No. 8763

1967 Nations Unies - Recueil des Traites 169 qu'en contrepartie d'un apport enti~rement nouveau, non plus que toute partie des actions ou valeurs remboursables 6mises de la sorte qui ne peut ftre vdritablement attribu6e h un apport de contrepartie nouveau. 7. Si le bdndficiaire des dividendes est une socidt6 qui d6tient 10 p. 100 au moins de la catdgorie d'actions gdndratrices desdits dividendes, nile paragraphe 1 nile paragraphe 2 du prdsent article ne s'appliquent auxdits dividendes pour autant qu'ils n'ont pu 6tre prdlevds que sur les bdn6fices que la soci6t6 distributrice des dividendes a rdaliss ou sur d'autres revenus qu'elle a per~us au cours d'une pdriode prenant fin douze mois au moins avant la date de rdfdrence. Aux fins du pr~sent paragraphe, l'expression ((date de rdfdrence), ddsigne la date h laquelle le b6ndficiaire des dividendes est devenu propridtaire de 10 p. 100 au moins de la catdgorie d'actions en question. Toutefois, les dispositions du prdsent paragraphe ne s'appliquent pas si le bdndficiaire des dividendes prouve que les actions ont 6t6 acquises pour des raisons authentiquement commerciales et non dans le but essentiel de s'assurer le bdndfice des dispositions du prdsent article. Article 8 1. Les redevances que tire, de sources situ~es dans Fun des Etats contractants, un rdsident de l'autre ttat contractant qui est assujetti h l'imp6t dans cet autre IRtat en ce qui concerne lesdites redevances, sont exondrdes d'imp6ts dans le premier Etat contractant. 2. Aux fins du pr~sent article, le mot (( redevances )) d~signe les r~mun~rations de toute nature vers~es en contrepartie de l'exploitation ou du droit d'exploitation de droits d'auteur, de brevets, de marques de fabrique ou de commerce, de dessins ou modules, de plans, de proc~d~s ou formules de caract~re secret, ou en contrepartie de l'utilisation ou du droit d'utilisation d'un mat~riel industriel, commercial ou scientifique, ou en contrepartie de la communication de donn~es d'exp6rience d'ordre industriel, commercial ou scientifique, mais il ne comprend pas les redevances ou autres r~mun~rations vers~es en contrepartie de l'exploitation de films cin~matographiques, de bandes destinies h la tl6vision ou de l'exploitation d'une mine, d'un puits de p~trole, d'une carri~re ou de tout autre lieu d'extraction de ressources naturelles. 3. Les sommes, qu'un r~sident de 'un des IRtats contractants tire de sources situdes dans l'autre Rtat contractant et qui proviennent de l'alidnation des droits ou biens g~ndrateurs des redevances ddfinies au paragraphe 2 du pr6sent article, sont exon~r~es d'imp6t dans l'autre IRtat contractant. 4. Les dispositions des paragraphes 1 et 3 du pr~sent article ne s'appliquent pas si le b~n~ficiaire des redevances ou sommes qui est r~sident de l'un des Etats contractants a, dans l'autre Etat contractant, un 6tablissement No 8763

168 <strong>United</strong> <strong>Nations</strong>- <strong>Treaty</strong> <strong>Series</strong> 1967<br />

redeemable share capital or security so issued as is not properly referable<br />

to new consideration.<br />

(7) If the recipient of a dividend is a company which owns ten per cent.<br />

or more of the class of shares in respect of which the dividend is paid then<br />

neither paragraph (1) nor paragraph (2) of this Article shall apply to the<br />

dividend to the extent that it can have been paid only out of profits which<br />

the company paying the dividend earned or other income which it received<br />

in a period ending twelve months or more before the relevant date. For<br />

the purposes of this paragraph the term " relevant date " means the date on<br />

which the beneficial owner of the dividend became the owner of ten per cent.<br />

or more of the class of shares in question.<br />

Provided that this paragraph shall not apply if the recipient of the<br />

dividend shows that the shares were acquired for bona fide commercial reasons<br />

and not primarily for the purpose of securing the benefit of this Article.<br />

Article 8<br />

(1) Royalties derived from sources within one of the Contracting States<br />

by a resident of the other Contracting State who is subject to tax in that<br />

other Contracting State in respect thereof shall be exempt from tax in the<br />

first-mentioned Contracting State.<br />

(2) The term " royalties " as used in this Article means payments of any<br />

kind received as consideration for the use of, or the right to use, any copyright,<br />

patent, trade mark, <strong>des</strong>ign, model, plan, secret formula or process<br />

or for the use of, or the right to use, industrial, commercial or scientific equipment,<br />

or for information concerning industrial, commercial or scientific<br />

experience, but does not include any royalty or other amount paid in respect<br />

of motion picture films or of tapes for telecasting or of the operation of a<br />

mine, oil well, quarry or any other place of extraction of natural resources.<br />

(3) Sums derived by a resident of one of the Contracting States from<br />

sources within the other Contracting State from the alienation of any right<br />

or property from which royalties, as defined in paragraph (2) of this Article,<br />

are or may be derived, shall be exempt from tax in the other Contracting<br />

State.<br />

(4) The provisions of paragraphs (1) and (3) of this Article shall not apply<br />

to royalties or sums received by a resident of one of the Contracting States<br />

where such royalties or sums are attributable to a permanent establishment<br />

No. 8763

logo

Produits

Ressources

Entreprises

Terms of service
Privacy policy
Cookie policy
Cookie settings
Imprint
Change language
Made with love in Switzerland
© 2024 Yumpu.com all rights reserved

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!