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 @JolyonMaugham: @IntlTaxReview I believe the noun is "tweep"

Jul 2 2015 01:42 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Must agree on that one. Perhaps a tax tweeter (twitterer?) of the year? https://t.co/02ZUaIlbZe

Jul 2 2015 01:41 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @friedmanllp: #BEPS relies on buy in from jurisdictions like the US. @IntlTaxReview shares why the hard yards may still lie ahead: http:…

Jul 2 2015 01:32 ·  reply ·  retweet ·  favourite
International Tax Review Profile

You may be on to something with that award! We'll give it some thought. https://t.co/ayN5x6I4vb

Jul 2 2015 01:32 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Investors raise tax concerns at Arun Jaitley’s roadshow in US https://t.co/GxlUolfV5l via @sharethis Indian FM struggles to convince

Jul 2 2015 08:52 ·  reply ·  retweet ·  favourite
International Correspondents

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