India Adds BEPS Provisions To Qatar Tax Treaty
by Mary Swire, Tax-News.com, Hong Kong
29 March 2018
India has approved amendments to its double tax agreement with Qatar.
The amendments update the information exchange provisions between the two countries in line with current international standards.
A new Limitation on Benefits (LOB) provision has been introduced, which is designed to prevent "treaty shopping" (whereby companies or transactions are structured through third countries to take advantage of favorable tax treaties in place in other jurisdictions).
This brings the double tax agreement into line with the minimum standards on treaty abuse under Action 6, and on improving dispute resolution procedures under Action 14 of the OECD's base erosion and profit shifting Action Plan.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
