https://www.taxtmi.com/acts?id=4737 Royalties derived by a resident of one Contracting State from sources in the other Contracting State are taxable only in the source territory, granting an exclusive taxing right to that state. "Royalty" covers consideration for the right to use copyrights, artistic and scientific works, cinematographic films, patents, models, designs, plans, secret processes or formulae, trade marks and similar rights, but excludes amounts relating to the operation of mines, quarries or other natural resources. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 20 Nov 2024 15:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4737 Royalties derived by a resident of one Contracting State from sources in the other Contracting State are taxable only in the source territory, granting an exclusive taxing right to that state. "Royalty" covers consideration for the right to use copyrights, artistic and scientific works, cinematographic films, patents, models, designs, plans, secret processes or formulae, trade marks and similar rights, but excludes amounts relating to the operation of mines, quarries or other natural resources. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4737