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Figure 1. Territorial and Worldwide Systems in the OECD
|“Territorial” designation signifies broad exemption for dividends received from foreign affiliates. This includes widespread exemptions built into tax treaties (Canada) and EU conventions which exempt dividends received from affiliates within the EU (Poland and Portugal). Worldwide designation signifies relief from double-taxation with limited credits.|
Nov 22nd, 2015
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Dec 4th, 2016
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