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96 United Nations — Treaty Series 1972

CONYENTION¹ BETWEEN THE KINGDOM OF GREECE AND THE REPUBLIC OF AUSTRIA FOR THE AVOID-ANCE OF DOUBLE TAXATION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL

The Kingdom of Greece and the Republic of Austria, desiring to avoid double taxation with respect to taxes on income and on Capital, have agreed to conclude the following Convention :

Article 1

The present Convention shall apply to persons who are residents of one or of both of the Contracting States.

Article 2

1. This Convention shall apply to taxes on income and on Capital im-posed on behalf of each Contracting State or of its pohtical subdivisions or local authorities, irrespective of the manner in which they are levied.

2. There shall be regarded as taxes on income and on Capital all taxes imposed on total income, on total Capital, or on elements of income or of Capital, including taxes on gains from the alienation of movable or immovable property.

3. The existing taxes to which the Convention shaU apply are in par-

ticular:

a) In the case of Austria :

(i) the income tax;

(ii) the Corporation tax;

(iii) the contribution from income for the promotion of residential build-ing and for the eąuałisation of family burdens;

(iv) the tax on commercial and industrial enterprises, including the tax levied on the sum of wages;

(v) the Capital tax;

(vi) the directors’ tax;

(vii) the land tax;

(viii) the tax on property eluding death duties;

No. 11631

Came into force on 5 January 1972 by the exchange of the instruments of ratification, which

took place at Athens, in accordance with article 28.