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TMI BlogRoyalties and fees for technical services and payments for the use of equipmentX X X X Extracts X X X X X X X X Extracts X X X X ..... d in that other Contracting State. 2 [ 2. However, such royalties, fees and payments may also be taxed in the Contracting State in which they arise and according to the laws of that Contracting State, but if the recipient is the beneficial owner of these categories of income, the tax so charged shall not exceed 10 per cent. of the gross amount of such royalties, fees and payments. ] 3. The term ro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pment as used in this Article means payments of any kind received as a consideration for the use of, or the right to use, industrial, commercial or scientific equipment. 6. The provisions of paragraphs 1 and 2 shall not apply if the beneficial owner of the royalties, fees for technical services or the payments for the use of equipment being a resident of a Contracting State, carries on business in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g State. Where, however the person paying the royalties, fees for technical services or the payments for the use of equipment, whether he is a resident of a Contracting State or not has in a Contracting State a permanent establishment or a fixed base in connection with which the contract under which the royalties, fees for technical services or the payments for the use of equipment, are paid was c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... relationship, the provisions of this Article shall apply only to the last-mentioned amount. In such case, the excess part of the payment shall remain taxable according to the laws of each Contracting State, due regard being had to the other provisions of this Convention. ************** NOTES:- 1 . Substituted vide Notification No. 650(E) dated 10-07-2000 w.e.f. 01-04-1995 2 . Substituted vide Not ..... X X X X Extracts X X X X X X X X Extracts X X X X
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