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<h1>India-Australia Tax Agreement Amended: New Rules on Non-Discrimination, Profit Taxation, and Information Exchange Under Articles 24A and 26.</h1> The Protocol amends the existing Double Taxation Avoidance Agreement (DTAA) between India and Australia, initially signed in 1991. It introduces changes to definitions, tax treatment of services and equipment, and establishes non-discrimination principles. The Protocol also revises rules on profit taxation, exchange of information, and assistance in tax collection. Article 24A ensures non-discriminatory tax treatment for nationals and enterprises of both countries. Article 26 focuses on the exchange of tax-related information, while Article 26A provides for mutual assistance in tax collection. The Protocol, effective from April 2, 2013, aims to prevent fiscal evasion and promote cooperation between the two nations.