https://www.taxtmi.com/acts?id=20721 Interest under the DTAA may be taxed in the recipient's residence and also in the State of source but, if the beneficial owner is resident in the other Contracting State, the source State's tax on gross interest is limited to a specified withholding rate. Exemptions apply for interest beneficially owned by Governments, designated public financial institutions, or agreed statutory bodies. Interest is defined broadly as income from debt-claims; deemed source, permanent establishment attribution, and related-party arm's-length adjustments are set out to allocate taxing rights. en-us Mon, 28 Mar 2016 14:22:57 +0530 Thu, 28 Nov 2024 16:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20721 Interest under the DTAA may be taxed in the recipient's residence and also in the State of source but, if the beneficial owner is resident in the other Contracting State, the source State's tax on gross interest is limited to a specified withholding rate. Exemptions apply for interest beneficially owned by Governments, designated public financial institutions, or agreed statutory bodies. Interest is defined broadly as income from debt-claims; deemed source, permanent establishment attribution, and related-party arm's-length adjustments are set out to allocate taxing rights. Act-Rules DTAA Mon, 28 Mar 2016 14:22:57 +0530 https://www.taxtmi.com/acts?id=20721