https://www.taxtmi.com/acts?id=37655 Article 24 bars discriminatory taxation: nationals of one Contracting State must not face taxation or tax-related requirements in the other State that are different or more burdensome than those applied to that State's nationals in comparable circumstances, including non-residents. It requires that taxation of a permanent establishment not be less favorable than for domestic enterprises, preserves parity in deductibility of interest, royalties and similar payments except where other Articles provide otherwise, and protects enterprises owned or controlled by residents of the other State. The Article applies to taxes covered by the Agreement. en-us Thu, 19 Sep 2019 12:17:01 +0530 Wed, 27 Nov 2024 11:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37655 Article 24 bars discriminatory taxation: nationals of one Contracting State must not face taxation or tax-related requirements in the other State that are different or more burdensome than those applied to that State's nationals in comparable circumstances, including non-residents. It requires that taxation of a permanent establishment not be less favorable than for domestic enterprises, preserves parity in deductibility of interest, royalties and similar payments except where other Articles provide otherwise, and protects enterprises owned or controlled by residents of the other State. The Article applies to taxes covered by the Agreement. Act-Rules DTAA Thu, 19 Sep 2019 12:17:01 +0530 https://www.taxtmi.com/acts?id=37655