https://www.taxtmi.com/acts?id=20281 Interest paid to a resident of the other Contracting State may be taxed in the recipient's State; the source State may also tax such interest but limits its tax where the recipient is the beneficial owner. Exemptions from source taxation include specified governments, designated public banks and the national bank, and other institutions agreed by Competent Authorities. Interest tied to a permanent establishment or fixed base is taxed under business profits or independent personal services rules, and amounts exceeding arm's-length interest remain taxable under domestic law. en-us Mon, 28 Dec 2015 12:31:58 +0530 Tue, 26 Nov 2024 16:00:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20281 Interest paid to a resident of the other Contracting State may be taxed in the recipient's State; the source State may also tax such interest but limits its tax where the recipient is the beneficial owner. Exemptions from source taxation include specified governments, designated public banks and the national bank, and other institutions agreed by Competent Authorities. Interest tied to a permanent establishment or fixed base is taxed under business profits or independent personal services rules, and amounts exceeding arm's-length interest remain taxable under domestic law. Act-Rules DTAA Mon, 28 Dec 2015 12:31:58 +0530 https://www.taxtmi.com/acts?id=20281