Copying and distributing are prohibited without permission of the publisher

Amendments to the India-Australia DTAA

18 January 2012

Despite the fierce cricket rivalry, the amendments will encourage cooperation between the two countries
Source: www.topnews.in

India and Australia have signed a new protocol amending their double taxation avoidance agreement (DTAA) which makes a number of changes that will benefit multinationals operating in both countries.

The removal of the force of attraction rule and the provision of a threshold for permanent establishment are two highlights.

Removal of force of attraction rule

This amendment was somewhat surprising given the Indian government's reputation as an aggressive tax collector and is seen as a positive thing for businesses.

Amit Singhania, of Amarchand & Mangaldas, said: "This rule allows for taxation of indirect profits connected with a permanent establishment...



This article is locked content, available to current subscribers or trialists.

  • Current subscribers or trialists - Please log in to view this article in full.
  • New users - Please take a free 7 day trial.
  • Expired subscribers or trialists - Please subscribe to gain immediate full access.

If you think you've received this message in error, please contact your account manager, Nick Burroughs:
Email: nburroughs@euromoneyplc.com, Tel: +44 (0)207 779 8379

Subscribe now

Subscribe today to gain full access to International Tax Review.

Subscribe

Free trial

Take a free trial now and gain 7 days of full access to International Tax Review.

Free trial





International Tax Review Profile

RT @OffshoreNewsF: UBS Sets Aside $2 Billion For Currency Rigging And Tax Evasion Settlements http://t.co/FS5M0tyflR via @offshorenewsf

Nov 1 2014 10:57 ·  reply ·  retweet ·  favourite
International Tax Review Profile

First day of 5 year term as @EU_tax commissioner for @PierreMoscovici. What should be at the top of his agenda?

Nov 1 2014 10:56 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Spain moves to protect domestic media with new 'Google tax' http://t.co/CxHWZnjnng How long will it last?

Nov 1 2014 10:53 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Happy Friday to all our new followers :) @bizdebate @ICAEW @alieholder @ShuliLevyMC @pdsmithuk @ProTraderTax @tobyjward @MustafaTekdere

Oct 31 2014 10:01 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @EY_Tax: Australian Labor Party to introduce Private Member's Bill to accelerate #Disclosure of >$100m corporate tax entities' tax paid …

Oct 30 2014 03:51 ·  reply ·  retweet ·  favourite
International Correspondents

After the Irish budget, what would make you more likely to put more substance into Ireland?