https://www.taxtmi.com/acts?id=18991 Residents of one Contracting State receive a deduction for tax paid in the other State against domestic tax attributable to the income so taxed abroad; exempt income may be taken into account in computing tax on remaining income. Income of an enterprise constituting a permanent establishment in Bhutan shall be deemed to include tax forgone due to certain fiscal incentives for specified education and health projects, subject to exclusions for dividends, interest, capital gains, unrelated activities and arrangements covered by the Agreement's limitation of benefits, and limited to a prescribed initial period. en-us Fri, 12 Sep 2014 13:50:10 +0530 Wed, 06 Nov 2024 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18991 Residents of one Contracting State receive a deduction for tax paid in the other State against domestic tax attributable to the income so taxed abroad; exempt income may be taken into account in computing tax on remaining income. Income of an enterprise constituting a permanent establishment in Bhutan shall be deemed to include tax forgone due to certain fiscal incentives for specified education and health projects, subject to exclusions for dividends, interest, capital gains, unrelated activities and arrangements covered by the Agreement's limitation of benefits, and limited to a prescribed initial period. Act-Rules DTAA Fri, 12 Sep 2014 13:50:10 +0530 https://www.taxtmi.com/acts?id=18991