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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India-Pakistan Agreement Prevents Double Taxation on International Air Transport Income, Effective Since August 1, 1989.</h1> The agreement between the Republic of India and the Islamic Republic of Pakistan, effective from August 1, 1989, aims to avoid double taxation on income derived from international air transport. It applies to income taxes, including surcharges and surtaxes, in both countries. The agreement exempts profits from international air traffic operations from being taxed by the other contracting state. It also covers profits from joint business ventures and international operating agencies. The agreement will remain in effect indefinitely unless terminated by either party, and it will cease if a comprehensive tax agreement is concluded.
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