Protocol amending the Convention and the Protocol between India and Israel for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income and on capital

Protocol amending the Convention and the Protocol between India and Israel for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income and on capital https://www.taxtmi.com/news?id=15056 The protocol updates the India Israel DTAC to align Article 27 with international standards by permitting exchange of bank information and information without domestic tax interest, allowing such information to be shared with other law enforcement agencies with Competent Authority authorization, and by adding a Limitation of Benefits article as an anti abuse measure enabling use of domestic law to address misuse of the Convention. en-us Wed, 07 Oct 2015 16:12:01 +0530 Wed, 07 Oct 2015 16:12:01 +0530 TaxTMI RSS Generator Protocol amending the Convention and the Protocol between India and Israel for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income and on capital https://www.taxtmi.com/news?id=15056 The protocol updates the India Israel DTAC to align Article 27 with international standards by permitting exchange of bank information and information without domestic tax interest, allowing such information to be shared with other law enforcement agencies with Competent Authority authorization, and by adding a Limitation of Benefits article as an anti abuse measure enabling use of domestic law to address misuse of the Convention. News - Wed, 07 Oct 2015 16:12:01 +0530 https://www.taxtmi.com/news?id=15056