Interpretation of “May be Taxed” in DTAAs
Interpretation of “May be Taxed” in DTAAs In the context of Double Taxation Avoidance Agreements (DTAAs), the terminology used to describe taxing rights can significantly impact the taxation process. The term “may be taxed” in Double Taxation Avoidance Agreements does not grant absolute power to either state to tax the income exclusively. Instead, it allows …