https://www.taxtmi.com/notifications?id=130559 Amendment revises taxes covered and adds mechanisms: an Associated Enterprises adjustment obliges competent authorities to make appropriate tax adjustments where one State taxes profits attributable to an enterprise of the other State; Article 28 expands Exchange of Information to all foreseeably relevant information, mandates secrecy, permits use of information gathering measures even without domestic interest and covers information held by financial intermediaries; Article 28A establishes mutual assistance in collection and conservancy measures under domestic law limits; Article 28B imposes limitation of benefit and preserves domestic anti abuse and CFC rules. en-us Tue, 27 Aug 2019 00:00:00 +0530 Thu, 29 Aug 2019 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130559 Amendment revises taxes covered and adds mechanisms: an Associated Enterprises adjustment obliges competent authorities to make appropriate tax adjustments where one State taxes profits attributable to an enterprise of the other State; Article 28 expands Exchange of Information to all foreseeably relevant information, mandates secrecy, permits use of information gathering measures even without domestic interest and covers information held by financial intermediaries; Article 28A establishes mutual assistance in collection and conservancy measures under domestic law limits; Article 28B imposes limitation of benefit and preserves domestic anti abuse and CFC rules. Notifications Income Tax Tue, 27 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130559