LESSON 1 - PART 5 - ARTICLE 2 - TAXES COVERED

The OECD Model covers taxes on income and on capital imposed on behalf of a Contracting State.

Taxes on income and on capital are considered to be all taxes imposed on total income, on total capital, on elements of income/capital, taxes on gains from the alienation of movable/immovable property, taxes on total amounts of wages or salaries paid by enterprises, and taxes on capital appreciation.

All identical or similar taxes imposed after the signing of the OECD Model are also covered.