Double Taxation Agreements (DTAs)

Double Taxation Agreements (DTAs) are treaties between two countries that prevent individuals and businesses from being taxed on the same income in both jurisdictions. They ensure that if you earn income in one country while being a resident of another, you won’t pay tax on that income twice. DTAs outline which country has the right to tax specific types of income, such as dividends or interest, promoting international trade and investment by providing tax clarity and reducing potential financial burdens for taxpayers.