https://www.taxtmi.com/acts?id=4192 Associated enterprises provisions allow reallocation of profits where related party conditions differ from those between independent enterprises; such profits may be included in taxable income and taxed. Domestic tax laws may be applied, insofar as practicable consistent with the Article, when information is inadequate. If adjustments result in the same profits being taxed in both States, the first taxing State shall make an appropriate adjustment, with competent authorities consulting each other as necessary to resolve double taxation. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 25 Nov 2024 15:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4192 Associated enterprises provisions allow reallocation of profits where related party conditions differ from those between independent enterprises; such profits may be included in taxable income and taxed. Domestic tax laws may be applied, insofar as practicable consistent with the Article, when information is inadequate. If adjustments result in the same profits being taxed in both States, the first taxing State shall make an appropriate adjustment, with competent authorities consulting each other as necessary to resolve double taxation. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4192