1. What is a tax treaty? a. Is convention or agreement for the avoidance of double...

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1. What is a tax treaty? a. Is convention or agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income (and on capital). b. Is intended to promote international trade and investment in several ways, the most important of which is by allocating taxing jurisdiction between the Contracting States so as to eliminate or mitigate double taxation of income. c. Is intended to permit the Contracting States to better enforce their domestic laws so as to reduce tax evasion. d. Is international agreement between two or more states (contracting states) for efficient enforcement and beneficial implementation of tax laws. 2. What is the purpose of tax treaty? I. Is convention or agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income (and on capital). II. Is intended to promote international trade and investment in several ways, the most important of which is by allocating taxing jurisdiction between the Contracting States so as to eliminate or mitigate double taxation of income. III. Is intended to permit the Contracting States to better enforce their domestic laws so as to reduce tax evasion. IV. Is international agreement between two or more states (contracting states) for efficient enforcement and beneficial implementation of tax laws. a. I and II b. II and III c. III and IV d. All of the above 1. What is a tax treaty? a. Is convention or agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income (and on capital). b. Is intended to promote international trade and investment in several ways, the most important of which is by allocating taxing jurisdiction between the Contracting States so as to eliminate or mitigate double taxation of income. c. Is intended to permit the Contracting States to better enforce their domestic laws so as to reduce tax evasion. d. Is international agreement between two or more states (contracting states) for efficient enforcement and beneficial implementation of tax laws. 2. What is the purpose of tax treaty? I. Is convention or agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income (and on capital). II. Is intended to promote international trade and investment in several ways, the most important of which is by allocating taxing jurisdiction between the Contracting States so as to eliminate or mitigate double taxation of income. III. Is intended to permit the Contracting States to better enforce their domestic laws so as to reduce tax evasion. IV. Is international agreement between two or more states (contracting states) for efficient enforcement and beneficial implementation of tax laws. a. I and II b. II and III c. III and IV d. All of the above

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