Approves The Convention Between The Portuguese Republic And The Government Of The State Of Israel For The Avoidance Of Double Taxation And The Prevention Of Fiscal Evasion With Respect To Taxes On Income, Signed At Lisbon On 26 September 2006

Original Language Title: Aprova a Convenção entre a República Portuguesa e o Governo do Estado de Israel para evitar a dupla tributação e prevenir a evasão fiscal em matéria de impostos sobre o rendimento, assinada em Lisboa em 26 de Setembro de 2006

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Read the untranslated law here: http://app.parlamento.pt/webutils/docs/doc.pdf?path=6148523063446f764c3246795a5868774d546f334e7a67774c336470626d6c7561574e7059585270646d467a4c316776644756346447397a4c334277636a59304c5667755a47396a&fich=ppr64-X.doc&Inline=false

MOTION for a RESOLUTION paragraph 64/X aware that this Convention will, above all, avoid double taxation of different categories of income earned by residents in any of the Contracting States; Recognizing that the Convention establishes rules that circumscribe the jurisdiction of each State tax to tax incomes, particularly those derived from real estate, business activities, dividends, interest, royalties, income from employment and pensions; Since its entry into force will contribute to creating a more stable and transparent fiscal framework for investors of both States and to that extent influence positively the development of capital flows, as well as the establishment of cultural relations between both States. So: under d) of paragraph 1 of article 197 of the Constitution, the Government presents to the Assembly of the Republic the following resolution: to approve the Convention between the Portuguese Republic and the Government of the State of Israel for the avoidance of double taxation and prevention of Fiscal evasion with respect to income tax, signed in Lisbon, September 26 2006 , whose text, authenticated versions in Portuguese, English and Hebrew, if published in the annex.

Seen and approved by the Council of Ministers of 23 August 2007 Prime Minister of State and Minister for Foreign Affairs the Minister of Parliamentary Affairs Minister Presidency