Page:United States Statutes at Large Volume 54 Part 2.djvu/548

 [54 STAT. Deduction, for tax collected at source. Deduction by U.S. A. Reciprocal exchange of information. vention bears to his entire income and property. (2) There shall also be allowed by Sweden from its National income and property tax a deduc- tion offsetting the tax deducted at the source in the United States of America, amounting to not less than 5 per centum of the dividends from within the United States of America and subject to such tax in Sweden. It is agreed that the United States of America shall allow a similar credit against the United States income tax liability of citizens of Sweden residing in the United States of America. Article XV With a view to the more effec- tive imposition of the taxes to which the present Convention re- lates, each of the contracting States undertakes, subject to rec- iprocity, to furnish such informa- tion in the matter of taxation, which the authorities of the State concerned have at their disposal or are in a position to obtain under their own law, as may be of use to the authorities of the other State in the assessment of the taxes in question and to lend assistance in the service of documents in con- nection therewith. Such infor- mation and correspondence re- lating to the subject matter of this Article shall be exchanged be- tween the competent authorities of the contracting States in the ordinary course or on demand. Article XVI 1. In accordance with the pre- ceding Article, the competent au- thorities of the United States of America shall forward to the com- komst eller form6genhet utg6r i forhallande till hans hela inkomst eller f6rm6genhet. (2) Sverige skall dessutom fr&n sin statliga inkomst- och f6rmo- genhetsskatt medgiva ett avdrag svarande mot den vid kallan i Amerikas Forenta Stater avdrag- na skatten, ej understigande 5 procent av s&dana utdelningar fran Forenta Staterna, som aro fore- mal for dylik beskattning i Sve- rige. Det iar verenskommet, att Forenta Staterna skola medgiva dar boende svenska medborgare ett liknande avdrag a deras federala inkomstskatt. Artikel XV For att astadkomma st6rre ef- fektivitet i den beskattning som avses i detta avtal forbinder sig en var av de avtalslutande sta- terna att, under f6rutsattning av omsesidighet, tillhandahalla sa- dana upplysningar i beskattnings- avseende, som myndigheterna ha- va tillgang till eller enligt sin egen lagstiftning kunna anskaffa, och vilka kunna vara av varde for myndigheterna i den andra staten vid p&forande av namnda skatter, sa ock att bitrada med delgivning av handlingar i samband darmed. Utbyte av upplysningar och skrift- vaxling som avses i denna artikel sker mellan behoriga myndigheter i de avtalslutande staterna utan sarskild begaran eller pa grund av sarskild framstillning. Artikel XVI (1) Pa satt i nast f6regaende artikel angives skola behoriga myndigheter i F6renta Staterna sa snart som m6jligt efter ut- Information by U. S. authorities to Swed- sh authorities. 1768 TREATIES

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