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 24 of DTAA Ensures Fair Taxation: No Discrimination Based on Nationality or Residency for Individuals and Enterprises.</h1> Article 24 of the Double Taxation Avoidance Agreement (DTAA) between two Contracting States addresses non-discrimination in taxation. It prohibits imposing more burdensome taxation on individuals or enterprises based on nationality or residency compared to local counterparts in similar circumstances. Permanent establishments of enterprises are to be taxed comparably to local enterprises, though personal tax benefits need not be extended. Interest, royalties, and disbursements are deductible under equal conditions. The article does not obligate extending benefits granted to third states due to regional arrangements. Enterprises controlled by residents of one state should not face discriminatory taxation compared to similar local enterprises.
TaxTMI 
TaxTMI 
