ARTICLE 22

Elimination of Double Taxation

(1) Subject to the provisions of the laws of Norway regarding the allowance as a credit against Norwegian tax of tax payable in a territory outside Norway,

• (a) Where a resident of Norway derives income which, in accordance with the provisions of this Convention, may be taxed in the Czech Republic, Norway shall allow as a deduction from the tax on the income of that resident, an amount equal to the income tax paid in the Czech Republic on that income. Such deduction shall not, however, exceed that part of the income tax, as computed before the deduction is given, which is attributable to the income which may be taxed in the Czech Republic.
• (b) Where in accordance with any provision of the Convention income derived by a resident of Norway is exempt from tax in Norway, Norway may nevertheless include such income in the tax base, but shall allow as a deduction from the Norwegian tax on income that part of the income tax which is attributable to the income derived from the Czech Republic.

(2) In the case of a resident of the Czech Republic, double taxation shall be eliminated as follows:

• (a) The Czech Republic, when imposing taxes on its residents, may include in the tax base upon which such taxes are imposed the items of income which according to the provisions of this Convention may also be taxed in Norway, but shall allow as a deduction from the amount of tax computed on such a base an amount equal to the tax paid in Norway. Such deduction shall not, however, exceed that part of the Czech tax, as computed before the deduction is given, which is appropriate to the income which, in accordance with the provisions of this Convention, may be taxed in Norway.
• (b) Where in accordance with any provision of the Convention income derived by a resident of the Czech Republic is exempt from tax in the Czech Republic, the Czech Republic may nevertheless, in calculating the amount of tax on the remaining income of such resident, take into account the exempted income.