https://www.taxtmi.com/news?id=21526 Ratification implements the Multilateral Convention to modify India's bilateral tax treaties to reduce treaty abuse and align taxation with substantive economic activity by inserting a new preamble and the Principal Purposes Test, strengthening mutual agreement procedures, preventing artificial avoidance of Permanent Establishment status and split contracts, and curbing transactions that avoid withholding tax on dividends or capital gains taxation where share value principally derives from immovable property. en-us Wed, 03 Jul 2019 09:33:43 +0530 Wed, 03 Jul 2019 09:33:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21526 Ratification implements the Multilateral Convention to modify India's bilateral tax treaties to reduce treaty abuse and align taxation with substantive economic activity by inserting a new preamble and the Principal Purposes Test, strengthening mutual agreement procedures, preventing artificial avoidance of Permanent Establishment status and split contracts, and curbing transactions that avoid withholding tax on dividends or capital gains taxation where share value principally derives from immovable property. News - Wed, 03 Jul 2019 09:33:43 +0530 https://www.taxtmi.com/news?id=21526