DT2520.24 - Argentina: double taxation agreement, Article 24: Limitation of relief

(1) Where under any provision of this Convention any income is relieved from tax in a Contracting State and, under the law in force in the other Contracting State a person, in respect of that income, is subject to tax by reference to the amount thereof which is remitted to or received in that other Contracting State and not by reference to the full amount thereof, then the relief to be allowed under this Convention in the first-mentioned Contracting State shall apply only to so much of the income as is taxed in the other Contracting State.

(2) Where under Article 13 of this Convention any gain is relieved from tax in a Contracting State and under the law in force in the other Contracting State a person is subject to tax in respect of that gain by reference to the amount thereof which is received in that State and not by reference to the full amount thereof, that Article shall apply only to so much of the gain as is taxed in that State.