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of <h1>Article 24 of DTAA ensures non-discriminatory taxation for foreign nationals and businesses in Contracting States.</h1> Article 24 of the Double Tax Avoidance Agreement (DTAA) between two Contracting States addresses non-discrimination in taxation. Nationals of one state should not face more burdensome taxation in the other state than locals in similar circumstances. Taxation on a permanent establishment of a foreign enterprise should not be less favorable than that on local enterprises. Interest, royalties, and disbursements paid to residents of the other state should be deductible under the same conditions as payments to locals. Enterprises partly or wholly owned by residents of the other state should not face more burdensome taxation than similar local enterprises. These provisions apply to taxes covered by the agreement.
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