https://www.taxtmi.com/acts?id=45365 Non-discrimination prohibits less favourable taxation of nationals, resident-controlled enterprises and permanent establishments of one Contracting State in the other State compared with comparable domestic persons or enterprises. Enterprises with foreign ownership must not face discriminatory taxation or connected requirements. Except for specified exceptions, interest, royalties and other disbursements paid to residents of the other Contracting State are deductible for the payer under the same conditions as if paid to a domestic resident, and debts are deductible for determining taxable capital on the same basis as domestic debts. en-us Fri, 18 Oct 2024 12:32:55 +0530 Fri, 18 Oct 2024 12:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45365 Non-discrimination prohibits less favourable taxation of nationals, resident-controlled enterprises and permanent establishments of one Contracting State in the other State compared with comparable domestic persons or enterprises. Enterprises with foreign ownership must not face discriminatory taxation or connected requirements. Except for specified exceptions, interest, royalties and other disbursements paid to residents of the other Contracting State are deductible for the payer under the same conditions as if paid to a domestic resident, and debts are deductible for determining taxable capital on the same basis as domestic debts. Act-Rules DTAA Fri, 18 Oct 2024 12:32:55 +0530 https://www.taxtmi.com/acts?id=45365