https://www.taxtmi.com/acts?id=45028 The Agreed Note clarifies that no deeming rule currently treats an insurance enterprise as having a permanent establishment merely by collecting premiums or insuring risks via a dependent agent; should Latvia later adopt such a deeming provision in any tax treaty, the competent authorities will consult on applying it to this Agreement. It further explains that paragraph 4 of Article 5 covers activities of a preparatory or auxiliary character to avoid taxation, and that supervisory activities in paragraph 3 of Article 5 exclude services specified under sub paragraph (b) of paragraph 3 of Article 12. en-us Wed, 16 Oct 2024 17:58:50 +0530 Tue, 22 Oct 2024 12:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45028 The Agreed Note clarifies that no deeming rule currently treats an insurance enterprise as having a permanent establishment merely by collecting premiums or insuring risks via a dependent agent; should Latvia later adopt such a deeming provision in any tax treaty, the competent authorities will consult on applying it to this Agreement. It further explains that paragraph 4 of Article 5 covers activities of a preparatory or auxiliary character to avoid taxation, and that supervisory activities in paragraph 3 of Article 5 exclude services specified under sub paragraph (b) of paragraph 3 of Article 12. Act-Rules DTAA Wed, 16 Oct 2024 17:58:50 +0530 https://www.taxtmi.com/acts?id=45028