CHAIR OF THE COUNCIL OF MINISTERS

1

Proposal for Resolution No 83 /XII

The Portuguese Republic and the Republic of San Marino signed in São Marino, 18 from

November 2010, the Convention to Prevent Double Taxation and Prevent Evasion

Tax in Matter of Taxes on the Throughput.

The convention in question is intended, fundamentally, to eliminate double taxation

international in the different categories of income earned by residents of both

the states, as well as prevent tax evasion. Its provisions follow, on a broad

measure, the Fiscal Convention Model of the Organization for Cooperation and

Economic Development (OECD) on Income and Heritage.

The present Convention represents an important contribution to the creation of a

stable and favourable fiscal framework for the development of trade and trade

investment flows between both states, eliminating tax barriers to the movement of

capitals, technologies and people. It is thus an instrument of the largest

importance for bilateral cooperation in tax matters, notably through the exchange of

information, with a view to preventing tax evasion.

Thus:

Under the terms of the paragraph d) of Article 197 (1) of the Constitution, the Government presents to the

Assembly of the Republic the following motion for a resolution:

CHAIR OF THE COUNCIL OF MINISTERS

2

To approve the Convention between the Portuguese Republic and the Republic of San Marino for

Avoiding Double Taxation and Preventing Tax Evasion in Tax Matters on the

Yield, signed in São Marino, to November 18, 2010, the text of which, in the versions

authenticated in the Portuguese, Italian and English languages, it publishes in attachment.

Seen and approved in Council of Ministers of July 31, 2014

The Prime Minister

The Minister of State and Foreign Affairs

The Minister of the Presidency and Parliamentary Affairs