Key Benefits:
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