Tax treaty Current Affairs, GK & News

India and US resolve 100 tax dispute cases under Mutual Agreement Procedure (MAP)

India and the US have resolved over 100 tax dispute cases involving Rs 5,000 crore under the Mutual Agreement Procedure (MAP). Key facts A meeting of the Bilateral Competent Authority Mutual Agreement Procedure (MAP) or Advance Pricing Agreement (APA) was held last month in the US to resolve the long pending disputes. During the meeting, ..

Topics: 

DTAC modifications between India & the Netherlands

DTAC: Double Taxation Avoidance Convention Both India and the Netherlands have concluded a Protocol to amend the Article 26 of the DTAC concerning exchange of information to bring it in line with international standards. What does this article 26 of DTAC relates to? Article 26 (Exchange of Information) of the DTAC deals with sharing of ..

Month: 

Topics: 

Multilateral Convention relating to Tax Matters inked by India

· Indian finalized a Multilateral Convention on Mutual Administrative Assistance in Tax Matters. This device as yet was available only for the members of Council of Europe and OECD , but was amended in 2010 and thrown open to all countries from last June. The Meeting was amended to answer this year’s G20 call for ..

Month: 

Topics: