https://www.taxtmi.com/acts?id=44913 The Article allows residence state taxation of interest while permitting source state withholding subject to a limited cap when the beneficial owner is a resident of the other Contracting State; exemptions are provided for Governments, specified central banking and financial institutions, and other mutually agreed institutions. Interest is defined as income from debt claims (excluding penalty charges), is deemed to arise where the payer is resident unless connected to a permanent establishment or fixed base in another State, and payments above an arm's length amount are confined to the arm's length portion for treaty relief. en-us Wed, 16 Oct 2024 16:53:04 +0530 Tue, 22 Oct 2024 14:33:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44913 The Article allows residence state taxation of interest while permitting source state withholding subject to a limited cap when the beneficial owner is a resident of the other Contracting State; exemptions are provided for Governments, specified central banking and financial institutions, and other mutually agreed institutions. Interest is defined as income from debt claims (excluding penalty charges), is deemed to arise where the payer is resident unless connected to a permanent establishment or fixed base in another State, and payments above an arm's length amount are confined to the arm's length portion for treaty relief. Act-Rules DTAA Wed, 16 Oct 2024 16:53:04 +0530 https://www.taxtmi.com/acts?id=44913