Taxes covered: treaty applies to India's taxes and Monaco's profits tax, including later similar taxes with mutual notification. The Agreement defines the taxes covered as all taxes imposed in India by the Central Government or political subdivisions and in Monaco as the profits tax, and it extends to identical or substantially similar taxes enacted after signature; competent authorities must notify each other of substantial changes to taxation or information gathering measures that may affect treaty obligations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Taxes covered: treaty applies to India's taxes and Monaco's profits tax, including later similar taxes with mutual notification.
The Agreement defines the taxes covered as all taxes imposed in India by the Central Government or political subdivisions and in Monaco as the profits tax, and it extends to identical or substantially similar taxes enacted after signature; competent authorities must notify each other of substantial changes to taxation or information gathering measures that may affect treaty obligations.
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