<h1>India and Ethiopia Sign Double Taxation Avoidance Agreement to Boost Investment and Prevent Fiscal Evasion.</h1> India and Ethiopia have signed a Double Taxation Avoidance Agreement (DTAA) to prevent fiscal evasion and avoid double taxation on income. Signed on May 25, 2011, in Addis Ababa, the agreement stipulates that business profits will be taxable in the source state if a permanent establishment exists. It sets tax rates for dividends, interest, royalties, and technical services, with a maximum of 7.5% for dividends and 10% for others. The DTAA includes provisions for information exchange and tax collection assistance, aiming to enhance economic cooperation and investment between the two countries.