Treedt in werking op een nader te bepalen tijdstip
- 1
- With respect to taxes, fees, charges and to fiscal deductions and exemptions, each Contracting Party shall, regarding the operation, management, maintenance, use, enjoyment and disposal of the investment, accord to nationals of the other Contracting Party who are engaged in any economic activity in its territory, treatment not less favourable than that accorded to its own nationals or to those of any third State who are in the same circumstances, whichever is more favourable to the nationals concerned. For this purpose, however, any special fiscal advantages accorded by that Party, shall not be taken into account:
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- a)under an agreement for the avoidance of double taxation; or
- b)by virtue of its participation in a customs union, economic union or similar institution; or
- c)on the basis of reciprocity with a third State.
- 2
- Nothing in this article shall be considered as imposing a legal obligation on a Contracting Party to extend for the resident of the other Contracting Party the benefit of any treatment, preference or privilege which may be accorded to any other State or/its residents by virtue of the formation of a custom union, economic area, special arrangement, free trade area or by virtue of any regional or sub-regional arrangement relating wholly or mainly to the movement of capital or taxation to which the mentioned State may be a party.
