https://www.taxtmi.com/acts?id=15089 Where enterprises of the two Contracting States are associated and conditions between them differ from those between independent enterprises, profits that would have accrued but for those conditions may be included in the taxable profits of the affected enterprise and taxed accordingly under the arm's length principle. If one State taxes such reallocated profits which have also been taxed in the other State, that other State shall make an appropriate corresponding adjustment, with competent authorities consulting as necessary to give effect to the Agreement and avoid double taxation. en-us Tue, 30 Aug 2011 14:35:43 +0530 Fri, 20 Dec 2024 15:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15089 Where enterprises of the two Contracting States are associated and conditions between them differ from those between independent enterprises, profits that would have accrued but for those conditions may be included in the taxable profits of the affected enterprise and taxed accordingly under the arm's length principle. If one State taxes such reallocated profits which have also been taxed in the other State, that other State shall make an appropriate corresponding adjustment, with competent authorities consulting as necessary to give effect to the Agreement and avoid double taxation. Act-Rules DTAA Tue, 30 Aug 2011 14:35:43 +0530 https://www.taxtmi.com/acts?id=15089