Cabinet approves Agreement and the Protocol between India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion https://www.taxtmi.com/news?id=16545 The revised treaty shifts taxation of capital gains on share transfers to source-based taxation, with a Protocol grandfathering clause excluding shares acquired before a specified cutoff; it also subjects gains from shares of companies whose principal assets are immovable property in a Contracting State to source taxation. en-us Wed, 24 Aug 2016 18:44:01 +0530 Wed, 24 Aug 2016 18:44:01 +0530 TaxTMI RSS Generator Cabinet approves Agreement and the Protocol between India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion https://www.taxtmi.com/news?id=16545 The revised treaty shifts taxation of capital gains on share transfers to source-based taxation, with a Protocol grandfathering clause excluding shares acquired before a specified cutoff; it also subjects gains from shares of companies whose principal assets are immovable property in a Contracting State to source taxation. News - Wed, 24 Aug 2016 18:44:01 +0530 https://www.taxtmi.com/news?id=16545