Dtaa Agreement Between India And Sweden

2. The Bank also agrees that the guarantee contained therein shall be guaranteed for a period of three years from the date of this Agreement, i.e. until [INSERT; the date], which shall remain in full force; and also agrees to extend this guarantee for a further period of three years under the following conditions: the Bank shall inform the Government in writing no later than sixty days before the date of expiry of this bank guarantee if the taxpayer has not extended by a further period of 3 the agreements concluded between the assesse and the bank underlying this bank guarantee, If the Government does not benefit from an extension of this bank guarantee or a replacement bank guarantee for the amounts of taxes and interest disputed 30 days before the expiry of this bank guarantee, the Government may order the bank to pay the guaranteed amounts before the expiry of the bank guarantee. (e) point (d) shall apply only to the first ten years in which this Convention is effective. That period may be extended by mutual agreement between the competent authorities. The Government of India and the Royal Government of Sweden intend to conclude an agreement to avoid double taxation of income: tax year……… in the place of which the recovery of part of this claim will be applied only 30 days after receipt of the written notification of the POP agreement between the competent authorities of the Governments of India and Sweden from the person responsible for the assessment – and the assessment will be applied for the above-mentioned valuation year/the year(s) of predisposition mentioned above(s) is not treated as having been delayed; 1. Without prejudice to Articles 14 and 15, income received by an artist established in a Contracting State, such as theatre, film, radio or television artists, or musicians or sportsmen, from his personal activity as such in the other Contracting State, may be taxed in that other State. 2. Without prejudice to Articles 7, 14 and 15, where income from personal activities carried on by an artist or sportsman in his capacity as such does not come from the artist or athlete himself but from another person, such income may be taxed in the Contracting State in which the activities of the artist or sportsman are carried on.

3. Paragraphs 1 and 2 below shall not apply to income from activities carried on in a Contracting State by artists or sportsmen, where the visit to that State is essentially supported by public funds of the other Contracting State, a political subdivision or a local authority of that State. In this case, the income may be taxed only in the Contracting State in which the artist or athlete is established. ARTICLE 18 PENSIONS, SOCIAL BENEFITS AND PENSIONS 1. Subject to paragraph 2 of Article 19, pensions and similar allowances may be taxed in the first-mentioned Contracting State for the purpose of taking account of previous employment, pensions and payments, in accordance with the social security legislation which is established in a Contracting State and paid to a person residing in the other Contracting State. . . .