In respect of the 22 treaty partners of India who have deposited the Instrument of Ratification on or before 30th June, 2019, entry into effect for India under MLI with respect to the DTAA
shall be from financial year 2020-21 onwards.
Dr Al Ansari continued: "The UAE and Mauritius share a strong relationship especially after the two countries signed a DTAA
and Investment Promotion and Protection Agreement (IPPA), which resulted in over USD 10 billion bilateral investment flows."
TJNA, in its submissions before the High Court of Kenya in The Tax Justice Network - Africa v The Cabinet Secretary for National Treasury and Two Others, argued, inter alia, that Kenya stands to lose out in tax revenue collections should the Kenya - Mauritius DTAA
be declared valid.
The protocol amending the India-Mauritius DTAA
has certainly allayed doubts that have been hovering over the industry for many years.
It is innovation in terms of multilateral treaty, but maybe the best way to implement some of the BEPS achievements is by means of renegotiating the DTAAs
. It is because the way the Multilateral Instrument is applied may generate lots of doubts on what is on force in rotation to each country and other issues; thus it will trigger interpretation disputes.
- Senate Resolution 615, or DTAA
between the Philippines and Thailand;
Bahrain-Swiss Confederation DTAA
The Cabinet referred an MoU regarding tax avoidance to the Ministerial Committee for Legal Affairs.
The government has also reworked the Double Tax Avoidance Treaty, or DTAA
, with Mauritius, and got the right to tax capital gains arising in Mauritius from sale of shares in Indian companies acquired on or after April 1, 2017.
THE Double Taxation Avoidance Agreement ( DTAA
) between India and Cyprus that provides for source- based taxation of capital gains on transfer of shares instead of one based on residence got the Cabinet's approval on Wednesday.
17 (Petra)-- Jordan and the United Arab Emirates held a fifth round of trade talks Tuesday here with the aim of inking an Avoidance of Double Taxation Agreement (DTAA
The Indian Central Board of Direct Taxes (CBDT) in June last year had notified rules under which an entity based in a "notified jurisdictional area" will have to give an undertaking to share information in a prescribed format as part of legal agreements such as the Double Taxation Avoidance Agreement (DTAA
) and Tax Information Exchange Agreement (TIEA) with other countries.
To provide relief from double taxation across countries, India has entered into Double Taxation Avoidance Agreements (DTAA
) with more than 90 countries, including the UK.