https://www.taxtmi.com/manuals?id=4459 Article 9 applies the arm's length principle to associated enterprises: when management, control or capital links produce conditions differing from those between independent enterprises, profits that would have accrued but for those conditions may be included in an enterprise's taxable profits and taxed. A corresponding adjustment by the other Contracting State is required where it has already taxed those profits, with due regard to Convention provisions and consultation between competent authorities; the UN Model excludes such corresponding adjustments where final legal proceedings establish liability for fraud, gross negligence or wilful default. en-us Mon, 05 Feb 2024 17:11:00 +0530 Wed, 14 Feb 2024 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4459 Article 9 applies the arm's length principle to associated enterprises: when management, control or capital links produce conditions differing from those between independent enterprises, profits that would have accrued but for those conditions may be included in an enterprise's taxable profits and taxed. A corresponding adjustment by the other Contracting State is required where it has already taxed those profits, with due regard to Convention provisions and consultation between competent authorities; the UN Model excludes such corresponding adjustments where final legal proceedings establish liability for fraud, gross negligence or wilful default. Manuals Income Tax Mon, 05 Feb 2024 17:11:00 +0530 https://www.taxtmi.com/manuals?id=4459