Taxes

Privilege (diplomatic)

Diplomatic agents and consular officers are typically exempt from taxation in the countries they are assigned to, either through international law or specific agreements. This is due to the principle of reciprocity, which recognizes that the sending state retains the right to tax income earned outside of the host country. As such, many tax treaties include a provision to safeguard this right.

Related terms

Nationality principle

Understand the meaning and definition of Nationality principle in the context of stock market, trading, and investments.

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Non-discrimination

Understand the meaning and definition of Non-discrimination in the context of stock market, trading, and investments.

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Expatriation rules

Understand the meaning and definition of Expatriation rules in the context of stock market, trading, and investments.

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Underlying tax

Understand the meaning and definition of Underlying tax in the context of stock market, trading, and investments.

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Tax clearance certificate

Understand the meaning and definition of Tax clearance certificate in the context of stock market, trading, and investments.

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Estate duty/tax

Understand the meaning and definition of Estate duty/tax in the context of stock market, trading, and investments.

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