especially following natural disasters or
wars;
"excise duty"
means a duty imposed by a country under
its domestic law on certain goods
manufactured or produced in the country or
imported into that country, being a tax levied
on a specific basis, either on the basis of the
weight or volume of the goods, or on an ad
valorem basis, or on a profit basis.
"harmful tax competition"
means a situation where the tax systems of
a jurisdiction are designed in such a way
that they erode the tax bases of other
jurisdictions and attract investments or
savings
which
originate
elsewhere,
facilitating the avoidance of taxes in such
other jurisdictions;
"indirect tax"
means any tax (other than a direct tax) that
a country imposes on consumption or
transactions under domestic law, and
includes VAT, sales taxes, excise duties,
stamp duties, services taxes, registration
duties and financial transaction taxes;
"levy"
means a tax in respect of specific items,
transactions, or events, and which tax is
levied at a fixed or flat rate;
"luxury goods and
means goods and services with an income
elasticity of
greater than one;
services"
"Mutual Agreement"
means the procedure envisaged in Article 25
of the Model Tax Convention on Income and
on Capital of the Organisation for Economic
Cooperation and Development;
"mutual assistance"
means such arrangements as are made
between two countries or jurisdictions in
order to improve the efficiency of their
respective taxation systems;
"SADC Tax Database"
means the tax database into which State
Parties shall deposit information on tax on a
continuous basis, as contemplated in Article
2;
"SADC Model Tax Agreement"
means templates, as adopted by the
Committee of Ministers for Finance and
43
اختر الفقرة المستهدفة3
الاتصال بفقرة
Connect to an entity
Disable highlights
أضف إلى جدول المحتويات