Common use of Interest arising in a Contracting State Clause in Contracts

Interest arising in a Contracting State. and paid to a resident of the other Contracting State may be taxed in that other Contracting State.

Interest arising in a Contracting State. and paid to a resident of the other Contracting State may be taxed in that other Contracting State.

Interest arising in a Contracting State. and paid to a resident of the other Contracting State may be taxed in that other Contracting State.

Interest arising in a Contracting State. and paid to a resident of the other Contracting State may be taxed in that other Contracting State. 1[2. However, such interest may also be taxed in the Contracting State in which it arises, and according to the laws of that Contracting State, but if the recipient is the beneficial owner of the interest the tax so charged shall not exceed 10 per cent of the gross amount of the interest.]

Interest arising in a Contracting State. and paid to a resident of the other Contracting State may shall be taxed taxable only in that other Contracting State.