https://www.taxtmi.com/acts?id=43457 Interest on debt-claims may be taxed in the recipient's residence State; the source State may also tax such interest but is limited by a treaty cap where the beneficial owner is resident of the other Contracting State. Exemptions apply for payments to foreign governments, central banks, and wholly government-owned institutions. If the beneficial owner has a permanent establishment or fixed base in the source State and the debt is effectively connected, provisions for business profits or independent personal services govern. Related-party transactions are limited to an arm's-length amount. en-us Mon, 08 Jul 2024 16:21:33 +0530 Wed, 04 Dec 2024 17:05:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43457 Interest on debt-claims may be taxed in the recipient's residence State; the source State may also tax such interest but is limited by a treaty cap where the beneficial owner is resident of the other Contracting State. Exemptions apply for payments to foreign governments, central banks, and wholly government-owned institutions. If the beneficial owner has a permanent establishment or fixed base in the source State and the debt is effectively connected, provisions for business profits or independent personal services govern. Related-party transactions are limited to an arm's-length amount. Act-Rules DTAA Mon, 08 Jul 2024 16:21:33 +0530 https://www.taxtmi.com/acts?id=43457