TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Article 11 of DTAA: Interest Taxation Capped at 10% with Exemptions for Government and Financial Institutions</h1> Article 11 of the Double Tax Avoidance Agreement (DTAA) between two Contracting States addresses the taxation of interest. Interest paid to a resident of one State by a resident of the other may be taxed in both States, but the tax in the State of origin is capped at 10% if the recipient is the beneficial owner. Exemptions apply if the interest is derived by government entities or agreed financial institutions. The term 'interest' encompasses income from various debt-claims, excluding penalty charges. Specific provisions apply when interest is connected to a permanent establishment or fixed base. Special relationships affecting interest amounts are also addressed.
TaxTMI 
TaxTMI 
