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>Interest Taxed in Recipient's State, Capped at 10% if Beneficial Owner; Exemptions for India-Bangladesh Government Payments</h1> Interest arising in one Contracting State and paid to a resident of the other may be taxed in the recipient's state, but can also be taxed where it arises, capped at 10% if the recipient is the beneficial owner. Exemptions apply for government-related payments between India and Bangladesh. The term 'interest' includes income from debt-claims, excluding penalties for late payment. Provisions do not apply if the interest is connected to a business or services in the state where it arises. Interest is deemed to arise where the payer is located, and excess interest due to special relationships is taxed separately.
TaxTMI 
TaxTMI 
