Approves The Convention Between The Portuguese Republic And The Republic Of South Africa For The Avoidance Of Double Taxation And Prevention Of Fiscal Evasion With Respect To Income Tax, Signed In Lisbon On 13 November 2006

Original Language Title: Aprova a Convenção entre a República Portuguesa e a República da África do Sul para Evitar a Dupla Tributação e Prevenir a Evasão Fiscal em Matéria de Imposto sobre o Rendimento, assinada em Lisboa em 13 de Novembro de 2006

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Read the untranslated law here: http://app.parlamento.pt/webutils/docs/doc.pdf?path=6148523063446f764c3246795a5868774d546f334e7a67774c336470626d6c7561574e7059585270646d467a4c316776644756346447397a4c334277636a67334c5667755a47396a&fich=ppr87-X.doc&Inline=false

1 MOTION for a RESOLUTION paragraph 87/X Aware that the Convention between the Portuguese Republic and the Republic of South Africa for the avoidance of double taxation and prevention of Fiscal evasion with respect to income tax will allow fundamentally avoid double taxation of different categories of income earned by residents in any of the Contracting States; Whereas the said Convention lays down 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; Aware that the entry into force of the Convention 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 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: Approving the Convention between the Portuguese Republic and the Republic of South Africa for the avoidance of double taxation and prevention of Fiscal evasion with respect to income tax, signed at Lisbon, 13 November 2006 , whose text, authenticated versions in Portuguese and English, if published in the annex.

Seen and approved by the Council of Ministers of 15 May 2008 Prime Minister of State and Minister for Foreign Affairs the Minister of Presidency 2 Parliamentary Affairs Minister