https://www.taxtmi.com/notifications?id=24504 The Protocol amends the bilateral tax Agreement by redefining international traffic, limiting taxation of enterprise profits to the State of residence except for amounts attributable to a permanent establishment in the other State, consolidating shipping and air transport profits to the residence State, restricting source taxation of interest and capital gains connected to international transport, and enhancing exchange of information through foreseeably relevant requests, confidentiality safeguards, procedural requirements to prevent fishing expeditions, enforceability of information from financial institutions, and preservation of taxpayers' procedural rights. en-us Tue, 27 Dec 2011 00:00:00 +0530 Tue, 24 Dec 2024 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24504 The Protocol amends the bilateral tax Agreement by redefining international traffic, limiting taxation of enterprise profits to the State of residence except for amounts attributable to a permanent establishment in the other State, consolidating shipping and air transport profits to the residence State, restricting source taxation of interest and capital gains connected to international transport, and enhancing exchange of information through foreseeably relevant requests, confidentiality safeguards, procedural requirements to prevent fishing expeditions, enforceability of information from financial institutions, and preservation of taxpayers' procedural rights. Notifications Income Tax Tue, 27 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24504