https://www.taxtmi.com/news?id=17222 The Protocol updates the Double Taxation Avoidance Convention to adopt international standards for exchange of information, allows authorised sharing of tax information with other law enforcement agencies, and replaces the assistance in collection article. It adds a Limitation of Benefits provision with a main purpose test to prevent treaty misuse, provides Mutual Agreement Procedure access to relieve economic double taxation in transfer pricing cases, and inserts service permanent establishment rules with profit apportionment. en-us Fri, 06 Jan 2017 13:24:32 +0530 Fri, 06 Jan 2017 13:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17222 The Protocol updates the Double Taxation Avoidance Convention to adopt international standards for exchange of information, allows authorised sharing of tax information with other law enforcement agencies, and replaces the assistance in collection article. It adds a Limitation of Benefits provision with a main purpose test to prevent treaty misuse, provides Mutual Agreement Procedure access to relieve economic double taxation in transfer pricing cases, and inserts service permanent establishment rules with profit apportionment. News - Fri, 06 Jan 2017 13:24:32 +0530 https://www.taxtmi.com/news?id=17222