https://www.taxtmi.com/acts?id=6270 Avoidance of double taxation is implemented by a reciprocal relief mechanism under which the residence State permits a deduction from tax on income and capital equal to the tax paid in the other State, limited to the part attributable to income or capital taxable in that other State. The method applies symmetrically, and exempt income may be considered when calculating the tax rate; taxes deemed payable include amounts notwithstanding domestic tax incentives aimed at economic development. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 22 Nov 2024 16:43:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6270 Avoidance of double taxation is implemented by a reciprocal relief mechanism under which the residence State permits a deduction from tax on income and capital equal to the tax paid in the other State, limited to the part attributable to income or capital taxable in that other State. The method applies symmetrically, and exempt income may be considered when calculating the tax rate; taxes deemed payable include amounts notwithstanding domestic tax incentives aimed at economic development. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6270