https://www.taxtmi.com/acts?id=37370 Gains from alienation of shares or comparable interests in entities deriving value chiefly from immovable property may be taxed by the jurisdiction where the immovable property is located if the relevant value threshold is met at any time during the 365 days preceding the alienation. This rule applies to shares and similar interests, and Parties may instead adopt an alternative rule taxing such gains where those interests derived more than 50 per cent of their value from immovable property during the same lookback period. Parties may reserve application and must notify the Depositary regarding covered treaty provisions. en-us Tue, 20 Aug 2019 16:24:27 +0530 Mon, 10 Feb 2025 16:26:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37370 Gains from alienation of shares or comparable interests in entities deriving value chiefly from immovable property may be taxed by the jurisdiction where the immovable property is located if the relevant value threshold is met at any time during the 365 days preceding the alienation. This rule applies to shares and similar interests, and Parties may instead adopt an alternative rule taxing such gains where those interests derived more than 50 per cent of their value from immovable property during the same lookback period. Parties may reserve application and must notify the Depositary regarding covered treaty provisions. Act-Rules DTAA Tue, 20 Aug 2019 16:24:27 +0530 https://www.taxtmi.com/acts?id=37370