Tax obligations in any country are primarily determined by an individual's or entity's residential status. However, the taxation of income depends on both the source and residency rules, which can vary significantly from country to country. When income is taxable under both sets of rules, double taxation can occur. In such situations, the Double Taxation Avoidance Agreement (DTAA) and the Tax Residency Certificate (TRC) play a crucial role in resolving the issue.

When dealing with foreign or double taxation, the first document your advisor is likely to request is the TRC, also known as a Tax Residency Certificate or tax domicile certificate. This document certifies the taxpayer’s residency status in a particular country, which is essential for applying the benefits of a DTAA.

At K K Reddy & Associates, we provide specialized services to assist in obtaining and managing TRCs, ensuring full compliance with international tax laws and effectively addressing double taxation concerns. Our expert guidance helps streamline the process, ensuring you benefit from tax treaties and minimize your tax liabilities.