https://www.taxtmi.com/acts?id=4195 Royalties to which a resident of the other Contracting State is beneficially entitled may be taxed in that resident's State and also in the source State, but source taxation is limited by specified maximum rates on the gross amount. The Article defines royalties broadly to include payments for use of intellectual property, equipment, technical knowledge and ancillary technical or consultancy services, while excluding defined service categories and treating royalties connected with a permanent establishment or fixed base as governed by the provisions on business profits or independent personal services. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 25 Nov 2024 15:04:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4195 Royalties to which a resident of the other Contracting State is beneficially entitled may be taxed in that resident's State and also in the source State, but source taxation is limited by specified maximum rates on the gross amount. The Article defines royalties broadly to include payments for use of intellectual property, equipment, technical knowledge and ancillary technical or consultancy services, while excluding defined service categories and treating royalties connected with a permanent establishment or fixed base as governed by the provisions on business profits or independent personal services. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4195