https://www.taxtmi.com/acts?id=4762 Interest arising in one Contracting State and paid to a resident of the other may be taxed in both States, but source taxation is limited for the beneficial owner and the competent authorities shall determine application. Interest paid to the other State's government, central bank, or agreed governmental financial institutions is exempt in the source State. Interest connected to a permanent establishment or fixed base is treated as arising where that establishment or base is situated, and if so connected Articles on business profits or independent personal services apply. Amounts above arm's-length interest due to special relationships remain taxable under domestic law. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 20 Nov 2024 17:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4762 Interest arising in one Contracting State and paid to a resident of the other may be taxed in both States, but source taxation is limited for the beneficial owner and the competent authorities shall determine application. Interest paid to the other State's government, central bank, or agreed governmental financial institutions is exempt in the source State. Interest connected to a permanent establishment or fixed base is treated as arising where that establishment or base is situated, and if so connected Articles on business profits or independent personal services apply. Amounts above arm's-length interest due to special relationships remain taxable under domestic law. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4762