Taxes covered under the tax treaty define which Mongolian and Indian taxes the agreement applies to and future equivalents. Article 2 specifies that the Agreement applies to Mongolia's individual income-tax and corporate income-tax, and India's income-tax (including any ... Summary
Taxes covered under the tax treaty define which Mongolian and Indian taxes the agreement applies to and future equivalents.
Article 2 specifies that the Agreement applies to Mongolia's individual income-tax and corporate income-tax, and India's income-tax (including any surcharge) and wealth-tax, and that it also applies to any identical or substantially similar taxes enacted by either Contracting State thereafter; competent authorities must notify each other of substantial changes to taxation laws within a reasonable period.
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