https://www.taxtmi.com/news?id=670 The Agreement defines covered taxes and residence, adopts a permanent establishment standard (including project and dependent agent PEs), limits source state taxation of business profits to amounts attributable to a PE with expense deductions under domestic law, and confines international transport profits to the enterprise's residence. It caps withholding rates on dividends, interest and royalties, prescribes source rules for capital gains in specified circumstances, assigns pension and most other income to the state of residence, provides student concessions, employs the credit method to eliminate double taxation, and includes exchange of information and an anti abuse provision. en-us Thu, 20 Nov 2008 22:30:22 +0530 Thu, 20 Nov 2008 22:30:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=670 The Agreement defines covered taxes and residence, adopts a permanent establishment standard (including project and dependent agent PEs), limits source state taxation of business profits to amounts attributable to a PE with expense deductions under domestic law, and confines international transport profits to the enterprise's residence. It caps withholding rates on dividends, interest and royalties, prescribes source rules for capital gains in specified circumstances, assigns pension and most other income to the state of residence, provides student concessions, employs the credit method to eliminate double taxation, and includes exchange of information and an anti abuse provision. News - Thu, 20 Nov 2008 22:30:22 +0530 https://www.taxtmi.com/news?id=670