https://www.taxtmi.com/acts?id=5659 Business profits are taxable only in the resident State unless an enterprise carries on business in the other Contracting State through a permanent establishment, in which case only profits directly or indirectly attributable to that permanent establishment may be taxed there. Attribution follows the separate enterprise principle or reasonable estimation where necessary. Deductions for expenses, including executive and general administrative costs, are allowed consistent with the taxation laws of the State where the permanent establishment is situated. Apportionment methods customary in a State may be used if they accord with this Article; profits from purchases alone are not attributed to a permanent establishment. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 07 Oct 2024 15:48:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5659 Business profits are taxable only in the resident State unless an enterprise carries on business in the other Contracting State through a permanent establishment, in which case only profits directly or indirectly attributable to that permanent establishment may be taxed there. Attribution follows the separate enterprise principle or reasonable estimation where necessary. Deductions for expenses, including executive and general administrative costs, are allowed consistent with the taxation laws of the State where the permanent establishment is situated. Apportionment methods customary in a State may be used if they accord with this Article; profits from purchases alone are not attributed to a permanent establishment. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5659