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of <h1>India-Bhutan Protocol Enhances Double Tax Avoidance, Favors Domestic Law for Better Tax Conditions, Signed March 4, 2013.</h1> The Protocol between the Government of India and the Royal Government of Bhutan addresses the Avoidance of Double Taxation and Prevention of Fiscal Evasion concerning income taxes. It specifies that if a Contracting State's domestic law offers more favorable conditions to a resident of the other Contracting State than the Agreement itself, the more beneficial domestic law provisions will apply. This Protocol, signed in New Delhi on March 4, 2013, in English, Hindi, and Dzongkha, emphasizes that the English text will prevail in case of interpretation differences.
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