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THE BENEFIT OF DOUBLE TAXATION RELIEF: CAPITAL ACQUISITIONS TAX

INTRODUCTION

Double taxation can arise where one country imposes tax on world wide assets of the deceased and another country imposes tax because some of the deceased’s property is situated within its jurisdiction. It could also arise where both countries impose tax by reference to the domicile of the deceased or residence of the deceased. It is often the case that different countries apply a different basis of taxation, generally on any of the following grounds:-

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