https://www.taxtmi.com/acts?id=5966 Interest paid to a resident of the other Contracting State may be taxed by the source State subject to maximum withholding limits, with exemptions where the recipient is the government, local authorities, the central bank, or certain agreed agencies. The treaty excludes source taxation if the recipient's interest is effectively connected to a permanent establishment or fixed base in the source State, in which case business taxation rules apply. Interest is broadly defined to include all debt-claim income and payments above arm's-length are limited to the arm's-length amount for treaty application. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 06 Mar 2009 10:51:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5966 Interest paid to a resident of the other Contracting State may be taxed by the source State subject to maximum withholding limits, with exemptions where the recipient is the government, local authorities, the central bank, or certain agreed agencies. The treaty excludes source taxation if the recipient's interest is effectively connected to a permanent establishment or fixed base in the source State, in which case business taxation rules apply. Interest is broadly defined to include all debt-claim income and payments above arm's-length are limited to the arm's-length amount for treaty application. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5966