Taxes on income and capital: treaty covers specified UAE and Indian taxes and substantially similar successor taxes. Defines taxes on income and on capital to include taxes on total income, total capital, elements of income or capital, gains from alienation and capital ... Summary
Taxes on income and capital: treaty covers specified UAE and Indian taxes and substantially similar successor taxes.
Defines taxes on income and on capital to include taxes on total income, total capital, elements of income or capital, gains from alienation and capital appreciation; lists covered taxes in the UAE (income-tax, corporation tax, wealth-tax) and in India (income-tax including surcharge, surtax, wealth-tax); extends the Agreement to identical or substantially similar federal or state taxes and mandates mutual notification by competent authorities of substantial taxation law changes.
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