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ΕΠΙΣΗΜΟΣ ΕΦΗΜΕΡΙΣ ΤΗΣ 9ης IΟΥΛIΟΥ
1982
663
6. W,here by ,rea:oon
οί
a 8peai'al
reJa:~ion~hip
between 1Jhe payer and
~he beneJ~idi 'a1
owner or
betweeo both
οι
them and some (jther persoo,
the
amιount οι
the royalties, having regard
to
thc
use, right
οι
in:forma;tioo
for
whIioh they are
paιid,
exceeds the amouo:t which wou,ld h'ave b'eeo
agreoo
υΡοη
by the
ρayer
and the
benefιicial
own:er iothe absence
σί
such relaIrionslh,jp, the
pro~j'sions οί
t II1Ii,S Artiole s,haJl
apρly ΟΟ:]Υ
to
thc
last-mentJΪoooo
amounl.
10
suoh ca'Se, rhe excess
part
of
the paymenlts shaH remaJin taJCable accord–
iog
ιο
t'he laws of eacI1 State, due regard beiog
had to the ather provisioos of this Oonvention,
ARTICLE 13
EXCLUDED PERSONS
TI1e
PlΌviSiOns
of Articles
1
Ο,
11
and
12
of
th~s
Conventioo sI1all
ΟΟ'Ι
apply
Ιο α)mΡanίes,
iocludiog partnerships. having their place aod
maoagemeot
ίη
ooe of the Cootracting States. with
regard
Ιο
divideods, interest aod royaJties which
are derived
flΌm
the othe.. Contracting State
ί. '-
(a) 'tl1e persons which are
οσΙ
resideots
of
the first mentioned State
(ίο
the case of
Cyprus oompan:ies. the pel"SOOS who aI'e
οσΙ
residents of Cypru's) have directJy
ΟΙ'
iodirootJy a substaotial ioterest
ίο
such
oomρanies;
and
(b) such companies
ίη
respeor
of
suoh divi–
dends, interest
ΟΓ
royaJ.ties are liable
ίη
the State where their place
οί
manage–
meot is situated, by
vi~tue οί
spooial
meaιsures Ιο
tax
at a rate wh'ioh is sub–
stantially lower
ιΜη
the rate wh'ich ;s
usually imposed
οη
the profits
οί
tl1e
companies of that Contracting State.
ARTICLE
14
CAPIT
AL GAINS
1.
Gains derived by a resident of a State from
the alienation
ο!
immovable
proρerty
referred
to
in Article
6
and situated
in
the other State may
be
taxed
ίη
the other Staite,
2.
Gain's from the alieoation of movabJe pro–
perty forming
ρar.: σί
the
biliιιίilω::i
property
σί
a permanent estab1ishment wbioh an
en'teφvί'se σί
a
Staιt:e
has
ίη
the
σther
State or
οί
mOV'aIble
prope~ty
per1taining
to
a fixed base ava,i1able to
a resident
οί
a State
ίη
t'he other State
ίοι
the
purpose
οί
perfurming independen1: pel'sQoal
selVices including such gains from the a1ienation
οί
such a permanent establishm-cnt (alone or w,ith
the whole enterprise)
οι οί ~uch
fixed base. may
be taxed
ίη
that other State.
3.
Gains from t,he
a1iena'tίon οί shiΡS
or air–
craft operated
ίη
international traff,ic ,or movable
properιy
pertaining
to
the operation
σί
such smps
οι aircraιft.
s'hall
be
taxable only
ίη
the 5-tate
ίο
whioh 1Jhe p}ace
οί
effectJive
manιagemeot
of the
enterp~ise
is situated.
4.
GaJins from the alienart'ion
οί
any propef1ty
o~her
than
thIaιt
referred to
ίο pa~agraph's Ι,
2 and
3,
sbaH be taxable only
ίη
the State
οί
whIiol1
the aHena:tor is a res,ident.
ARTICLE 15
INDE~ENDENT
PERSONAL
SERVICES
1.
Inrome derived by a resident ofa State
in
respect
of
professiona:l
serνices
or
o1!her
aotivιities
σf
ao independent character
'~hJaH
be
taxa:ble on]y
ίη
that State unless he has a f.ixed base reguIlarly
ava~llable
to
hiΪm
in
the ()ther S'tate for the pur–
pose of pevforming
hιis aοViνί1Jίes.
If
he h'as s'Uch
a fixed
ba'se,
the income may be
taxeιd ίη
the
otJher
Sltaιte buιt:
only SQ much
οί
it as is aHri,blI{-
3!ble
to
that
fίxed
base.
2.
TIh'e tCI';m "profe'ssi'onal services"
jnc]oυdes
espevi'al,Iy independent
soientάric,
Hterary.
arΙi ,,-;ι tιίc,
educa' Lionιal ΟΓ
teaching
activil~i'es
as we'H as the
iO'depend'enIt ac'tivities
σί
phys'ioi'ans, lawyers.
engioeers, alX:lli tects,
deΟ'ιίS!ts
aod
accσuηtaοts .
ΑΙΙΤΙCLΕ
16
ΟΕΡΕΝΟΕΝΤ
PERSONAL SERVICES
1.
Subject
ιο
the provis1iQos
οί Al'1tίcles
17.
19,
20,
and
22.
s'aΙaflίes,
wages and ot,her sim:jJar
L'emunera!bΪoo
derived by a
resιiden't οί
a
SItaιte ίη
resιpeot οΙ
an employment sh'all be taxa'ble ooly
ίο ~hIat
S't'a:te un.less the
employmeoιt
is
eχeωised
ίη
the otheJ' State.
If
the empJoyment i,s so
ex'ercised, such remunera1Jioo as is
derιived ιlιerc­
from may be taxed
ίο
tha't
o~her
State.
2.
Νσtwιi: thsιtaοd:ίηg
the
Ρroν,is'ίΌΟS
of
ρanl.­
graph
1,
remunera'Lion derived by a resident of
a
SΙaιte ίο re~p'ect
of ao empJoymeD't exerc'ised
ίη
the oi.her SIta'te :-,I1all be taxable
οηlΥ ίο
the first
meD'~iooed
Sta'te
ίί:
(a) The recipieot is present
ίο
the othel'
S~ate
for a
periαl οι
periods
ησΙ
exceed–
iog
ίη
the aggregate 183 days
ίη th~ f i.; : ~t!
year concerned, aod
(b) the remuoeratiQll is paid by. or
οη beιha! i
οι
an empJoyer who is
Ο'ΟΙ
a res:ident
ο !
the o1:her
Staιte,
and
(c) the
remuoera~ioo
is
ηοΙ
borne by a
p~r­
manent establishment
οι
a fixed
bas~
which the emplQyer has
,ίη
the
σther
State.
3.
Noιwiolh~tandjng
Lhe
precedιiog provi~ions
of
th,is Article remuneration deliived
ίη
respect
οί
ao employmeot exercised aboard a ship or air–
craft operated
ίη
international traffic may be
taxed
ίο
tl1e State
ίο
wh'ich the place
σί
eifective
maoagemeot
οί
the enterpri'se is
sίωated.
λλτιαΕ
17
DIRECΓORS'
FEES
Dί.reotors'
fees and other similar payments
derived ,by a resident
σf
a
Starte
ίη
hi's capaoity
as a member
οί
the
bσard οί
directors of a
wmpany whioh
ί!>
a
re~dent σί
the
otιher St~t~
may be taxed
ίη
that
σther Staιte.
ARTIQE 18
ARTISTES
AND
ATHLETES
1.
Notwit'hstanding
tιh'e
provisions
οί Artίcles
15
and
16,
income derived bya
resίdent
of
a
Sltate as an entef1tainer, such as a
thea.ιtre,
motion
pioture, rad:io
οι
television arri'ste
οι
a musiciao,
ΟΓ
as an athJete, from his personal activities as
such exerci'sed
ίη
the other Stlate may be 1Jaxed
ίη
that other State.
2.
Where income
ίη
respect of personal
,acιίνίιίes
exercised by an entertainer
οι
an athlete
ίο
his
caρaoiιt:ya's
such accrues
η~
to the
entertaιίner οι
aJthlete h!imse1f but
ιο anσtJher
person
tιhaιt
income
mIay,
nιotwii th'staod:ing
the
provisιions σί
Articles
7,
15
and
16
be taxed
ίο
vhe Stalte
ίη
whJich the
aativities
σί
the
eotertaJίner οι aιrhιlete
are
exerai'sed.
3.
Notwiιf:'hstanding
the provisions
σί
para–
graph
Ι,
remunerations
οι
profits, and wages,
sala'f1ies
anιd
other simHar inoome derived by an
entevtaJiner or an ath1ete, who is a
reSιi:dent οί
a Sta'te, from h'is personal
activiιVies
as such
exeroised
ίη
the
σther
State, shall be taxable only
ίο
the
fίrst-mentioned
State
if
these
actiίvities ίη
the other State are supported substantiaHy by
pUlblIic funds of the first mentioned SIt:ate, iIt'self,
a
'ter~jlbovila:l authΌ~ίιtΥ,
a
polιi:tiCa!l snbd!ί~i!siOll,
a
local authority, a staItutory body or a residenlt
σί
thIat S,taIte.
4.
Notwii1Jhstanding
the
ΡrovisiΌDS
of
pa.ra–
graph
2,
Where income
in
respect
of
personal
activrities exercised by an eote[1ta!iner or an