answer true or false

1. Tax credit mechanism is the best alternative for treating double taxation for capital exporting economies.

2. Where both source country and residence country share a right to tax ,the source country will normally give up this right to the residence country to become the principle taxing country.

3. Palestinian income tax law is based on residency basis in dealing with Palestinians income in general.

4. In accordance with Income tax law (8) for 2011,,the Tax rate on income from property =17%

5. No international tax authority exists that may force a country to collect or apply a set tax rules on a tax base .