https://www.taxtmi.com/acts?id=4368 The Agreement provides that each State's domestic law governs taxation except where the treaty provides otherwise and requires that residents receive a deduction from domestic income or capital tax equal to tax paid in the other Contracting State, limited to the portion of domestic tax attributable to the income or capital taxable in that other State. Taxes to be credited include amounts that would have been payable but for tax incentives, and income exempt under the Agreement may be considered for calculating the tax rate (progression). en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 27 Dec 2024 16:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4368 The Agreement provides that each State's domestic law governs taxation except where the treaty provides otherwise and requires that residents receive a deduction from domestic income or capital tax equal to tax paid in the other Contracting State, limited to the portion of domestic tax attributable to the income or capital taxable in that other State. Taxes to be credited include amounts that would have been payable but for tax incentives, and income exempt under the Agreement may be considered for calculating the tax rate (progression). Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4368