Taxes on income: Treaty covers income taxes and substantially similar future taxes with mutual notification obligations. Article 2 defines the Agreement's scope by treating taxes on income to include taxes on total income and elements of income, including gains from alienation and capital appreciation, and by listing the existing Chinese and Indian income-tax regimes as the covered taxes. It also extends the Agreement to identical or substantially similar taxes enacted after signature and obliges the competent authorities of the Contracting States to notify each other of substantial changes in their taxation laws within a reasonable period.
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 on income: Treaty covers income taxes and substantially similar future taxes with mutual notification obligations.
Article 2 defines the Agreement's scope by treating taxes on income to include taxes on total income and elements of income, including gains from alienation and capital appreciation, and by listing the existing Chinese and Indian income-tax regimes as the covered taxes. It also extends the Agreement to identical or substantially similar taxes enacted after signature and obliges the competent authorities of the Contracting States to notify each other of substantial changes in their taxation laws within a reasonable period.
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