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S.L. 123.67 · Double Taxation Relief On Taxes On (S.L. 123.67)

S.L. 123.67 ст. 4owner business in the a permanent personal in respect of permanent Article 14, as

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The provisions of paragraphs 1 and 2 shall not apply if the beneficial of the royalties, being a resident of a Contracting State, carries on other Contracting State in which the royalties arise, through establishment situated therein, or performs in that other State independent services from a fixed base situated therein, and the right or property which the royalties are paid is effectively connected with such establishment or fixed base. In such case the provisions of Article 7 or the case may be, shall apply.