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TMI BlogRoyalties and fees for included servicesX X X X Extracts X X X X X X X X Extracts X X X X ..... ces may also be taxed in the Contracting State in which they arise and according to the laws of that State, but if the recipient is the beneficial owner of the royalties or fees for included services the tax so charged shall not exceed 15 per cent of the gross amount of the royalties or fees for included services. 3. The term royalties in this Article means payments or credits, whether periodical ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rticle means payments or credits, whether periodical or not, and however described or computed, to the extent to which they are made as consideration for : (a) the supply of any assistance that is ancillary and subsidiary to, and is furnished as a means of enabling the application or enjoyment of, any such property or right as is mentioned in sub-paragraph (a) of paragraph (3), any such equipment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate independent personal services from a fixed base situated therein, and the right or property in respect of which the royalties or fees for included services are paid is effectively connected with such permanent establishment or fixed base. In such a case the provisions of Article 7 or Article 15, as the case may be, shall apply. 6. Royalties and fees for included services shall be deemed to ari ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rson, the amount of the royalties or fees for included services having regard to the use, right or information for which they are paid, exceeds the amount which would have been agreed upon by the payer and the beneficial owner in the absence of such relationship, the provisions of this Article shall apply only to the last-mentioned amount. In such case, the excess part of the payments shall remain ..... X X X X Extracts X X X X X X X X Extracts X X X X
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