https://www.taxtmi.com/acts?id=44971 Business profits are taxable only in the enterprise's residence unless business is carried on in the other Contracting State through a permanent establishment, in which case only profits attributable to that permanent establishment may be taxed there. Attributed profits must reflect what the permanent establishment would earn as a distinct and separate enterprise under similar conditions; deductible expenses incurred for the permanent establishment, including relevant administrative costs, are allowed in accordance with the tax law of the State where the permanent establishment is located. Apportionment methods customary in a State may be used if they conform with this Article; attribution methods should be applied consistently year to year. en-us Wed, 16 Oct 2024 17:32:34 +0530 Tue, 22 Oct 2024 11:40:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44971 Business profits are taxable only in the enterprise's residence unless business is carried on in the other Contracting State through a permanent establishment, in which case only profits attributable to that permanent establishment may be taxed there. Attributed profits must reflect what the permanent establishment would earn as a distinct and separate enterprise under similar conditions; deductible expenses incurred for the permanent establishment, including relevant administrative costs, are allowed in accordance with the tax law of the State where the permanent establishment is located. Apportionment methods customary in a State may be used if they conform with this Article; attribution methods should be applied consistently year to year. Act-Rules DTAA Wed, 16 Oct 2024 17:32:34 +0530 https://www.taxtmi.com/acts?id=44971