https://www.taxtmi.com/news?id=1851 The treaty allocates taxing rights: business profits are taxable in the source State where activities constitute a permanent establishment, with construction/installation projects taxed in source if they continue beyond a threshold duration; shipping and aircraft operations in international traffic are taxable in the enterprise's residence State; dividends, interest and royalties are taxable in both residence and source with limited source country withholding; capital gains on share sales are taxable in the source State. The treaty also provides for exchange of information, assistance in tax collection and anti abuse measures. en-us Fri, 13 May 2011 18:05:04 +0530 Fri, 13 May 2011 18:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1851 The treaty allocates taxing rights: business profits are taxable in the source State where activities constitute a permanent establishment, with construction/installation projects taxed in source if they continue beyond a threshold duration; shipping and aircraft operations in international traffic are taxable in the enterprise's residence State; dividends, interest and royalties are taxable in both residence and source with limited source country withholding; capital gains on share sales are taxable in the source State. The treaty also provides for exchange of information, assistance in tax collection and anti abuse measures. News - Fri, 13 May 2011 18:05:04 +0530 https://www.taxtmi.com/news?id=1851