India, MAURITIUS TIGHTEN TAX TREATY TO CURB EVASION
New Delhi, Oct. 15 -- India and Mauritius have amended their bilateral tax treaty by adding a treaty-level Principal Purpose Test (PPT) to the existing framework, in a move to curb treaty abuse.
The amendment also replaces the treaty preamble to say that the pact intends to eliminate double taxation "without creating opportunities for non-taxation or reduced taxation through tax evasion or avoidance, including treaty-shopping arrangements" designed to obtain treaty relief indirectly for residents of third jurisdictions....
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.