TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
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; 10% Cap in Source State if Beneficial Owner; Exemptions for Government Entities.</h1> Interest arising in one Contracting State and paid to a resident of the other may be taxed in the recipient's State. However, it can also be taxed in the State where it arises, with a tax cap of 10% if the recipient is the beneficial owner. Interest is exempt from tax if derived by the government or certain entities of the other State. The term 'interest' includes income from various debt-claims. Exceptions apply if the interest is connected to a business or services in the State where it arises. Special relationships affecting interest amounts are subject to specific provisions.
TaxTMI 
