Interest - 1. Interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.
Interest - 1. Interest arising in a Contracting State and paid to a resident of the other Contracting State who is the beneficial owner of such interest may be taxed in that other State.
Interest - 1. Subject to the provisions of paragraph 4 of Article 8 and paragraph 4(a) of Article 9 interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.
Interest - 1. Interest arising in one of the States and paid to a resident of the other State may be taxed in that other State. 1[2. However, such interest may also be taxed in the Contracting State in which it arises and according to laws of that State, but if the recipient is the beneficial owner of the interest the tax so charged shall not exceed 10 per cent of gross amount of the interest.]
Interest - 1. Interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in the Contracting State where it arises.
Interest - 1. Interest paid by a resident of India to a resident of the United Arab Republic may be taxed in India.
Interest - 1. Interest arising in a Member State and paid to a resident of another Member State shall be taxed only by the first mentioned State. 2. The rate of tax shall not exceed fifteen per cent of the gross amount of the interest. 3. Notwithstanding the provisions of paragraphs 1 and 2 of this Article, interest derived from sources within a Member State shall be exempt from tax in that Member State if it is beneficially owned by the Government of another Member State, or by an agency or other entity of that Government. 4. For the purpose of this Article, interest shall be deemed to arise in the Member State where the payer is that State itself, a political subdivision, a local authority or a resident of that State. However, where the person paying the interest carries on business through an office, branch or agency in a Member State, and such interest is borne by that office, branch or agency, such interest shall be deemed to arise in the Member State in which the office, branch or agency is situated. 5. Where, owing to a special relationship between the payer and the recipient of the interest or between both of them and some other person, the amount of the interest paid, having regard to the debt-claim in respect of which it is paid, exceeds the amount which would have been agreed upon by the payer and the recipient in the absence of such relationship, the provisions of this Article shall apply only to the last-mentioned amount. In that case, the excess part of the payment shall remain taxable according to the laws of the Member State in which the interest shall be deemed to arise. 6. In this Article, the word "interest" means income from debt-claims of every kind, whether or not secured by mortgage and whether or not carrying a right to participate in the debtor's profits, and in particular, income from government securities and income from bonds or debentures, including premiums and prizes attaching to such securities, bonds or debentures. Penalty charges for late payment shall not be regarded as interest for the purpose of this Article. 7. The word "interest" shall not include any item of income which is treated as a distribution by the tax laws of a Member State. Article 13 Royalties 1. Royalties arising in a Member State and paid to a resident of another Member State shall be taxed only in the first-mentioned State. 2. The rate of tax shall not exceed fifteen per cent of the gross amount of the royalties. 3. In this Article, the word "royalties" means payment...
