https://www.taxtmi.com/acts?id=16860 Royalties may be taxed in the recipient's State, but the source State may also tax them subject to a withholding limit when the beneficial owner is resident in the other Contracting State. The Article broadly defines royalties to include payments for use of copyrights, patents, trademarks, designs, equipment and technical information. If the beneficial owner carries on business in the source State through a permanent establishment and the royalties are effectively connected thereto, Article 7 applies. Related party excesses are limited to arm's length amounts for treaty purposes. en-us Fri, 03 Aug 2012 18:37:32 +0530 Mon, 02 Sep 2024 14:20:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16860 Royalties may be taxed in the recipient's State, but the source State may also tax them subject to a withholding limit when the beneficial owner is resident in the other Contracting State. The Article broadly defines royalties to include payments for use of copyrights, patents, trademarks, designs, equipment and technical information. If the beneficial owner carries on business in the source State through a permanent establishment and the royalties are effectively connected thereto, Article 7 applies. Related party excesses are limited to arm's length amounts for treaty purposes. Act-Rules DTAA Fri, 03 Aug 2012 18:37:32 +0530 https://www.taxtmi.com/acts?id=16860