Double Taxation Treaties
Does anyone know how double taxation treaties work? If I have a company that earns all it's income from the resources of Poland, I have no problem to be taxed fully in Poland - even if the tax rate is higher than in South Africa. After all it is their natural resources that I will be selling.
Also the money won't go towards Mr Zuma's next wife's upkeep.
Now if I paid taxes there and I bring money from that company back to South Africa, I should not be taxed again. That is my understanding. Is it correct?