Double Taxation Avoidance agreement (DTAA) Signed by India and Bhutan ; to Provide Tax Stability to the Residents of India and Bhutan and Facilitate Mutual Economic Cooperation and Stimulate the Flow of Investment, Technology and Services between Two Countries https://www.taxtmi.com/news?id=4937 The bilateral tax treaty allocates taxing rights by providing that business profits are taxable in the source state when an enterprise has a permanent establishment, aircraft operation profits are taxable in the state of effective management, and dividends, interest, royalties and technical service fees are taxable in both residence and source states with a source state withholding cap of 10%; capital gains on shares are taxable in the source state. The Agreement also includes exchange of information, assistance in tax collection and anti abuse measures to restrict benefits to genuine residents. en-us Mon, 04 Mar 2013 18:26:53 +0530 Mon, 04 Mar 2013 18:26:53 +0530 TaxTMI RSS Generator Double Taxation Avoidance agreement (DTAA) Signed by India and Bhutan ; to Provide Tax Stability to the Residents of India and Bhutan and Facilitate Mutual Economic Cooperation and Stimulate the Flow of Investment, Technology and Services between Two Countries https://www.taxtmi.com/news?id=4937 The bilateral tax treaty allocates taxing rights by providing that business profits are taxable in the source state when an enterprise has a permanent establishment, aircraft operation profits are taxable in the state of effective management, and dividends, interest, royalties and technical service fees are taxable in both residence and source states with a source state withholding cap of 10%; capital gains on shares are taxable in the source state. The Agreement also includes exchange of information, assistance in tax collection and anti abuse measures to restrict benefits to genuine residents. News - Mon, 04 Mar 2013 18:26:53 +0530 https://www.taxtmi.com/news?id=4937