Publication: Magyar Közlöny
Issue: MK-2008-178 (Year: 2008, Number: 178)
Era: 2004-2010
Section: 
Paragraph Index: 330

1. In Azerbaijan double taxation shall be eliminated as follows: Where a resident of Azerbaijan derives income or owns capital which, in accordance with the provisions of this Convention, may be taxed in Hungary, the tax on this income or capital paid by that person in Hungary shall be deducted from tax collected from that person in Azerbaijan in respect of such income or capital. Such deduction shall not, however, exceed the tax amount computed for such income or capital according to the legislation and taxation rules of Azerbaijan.

Source: https://magyarkozlony.hu/hivatalos-lapok/3fc0ad87be38a5f2a24d49c506dea77d754bdd33/dokumentumok/dbc47fc4a0312a44919ed8a9622e330645eb85ed/letoltes