Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.
ARTICLE 20
Income from Hydrocarbons and Other Natural Resources
Notwithstanding any other provision of this Agreement other than Article 26 nothing shall affect the right of either one of the Contracting State or of the political subdivisions or local Governments or local authorities thereof to apply their domestic laws and regulations related to the taxation of income, profits and gains derived from hydrocarbons or other natural resources and their associated activities situated in the territory of the respective Contracting State, as stipulated under a concession agreement.