Taxes

Privilege (diplomatic)

Diplomatic agents and consular officers are typically exempt from taxation in the countries they are assigned to, either through international law or specific agreements. This is due to the principle of reciprocity, which recognizes that the sending state retains the right to tax income earned outside of the host country. As such, many tax treaties include a provision to safeguard this right.

Related terms

Safe harbour

Understand the meaning and definition of Safe harbour in the context of stock market, trading, and investments.

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Tax avoidance

Understand the meaning and definition of Tax avoidance in the context of stock market, trading, and investments.

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Debt dumping

Understand the meaning and definition of Debt dumping in the context of stock market, trading, and investments.

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Abuse of law

Understand the meaning and definition of Abuse of law in the context of stock market, trading, and investments.

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Exemptions

Understand the meaning and definition of Exemptions in the context of stock market, trading, and investments.

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Assessment

Understand the meaning and definition of Assessment in the context of stock market, trading, and investments.

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