Cabinet approves protocol amending the Convention between India and Brazil for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income https://www.taxtmi.com/news?id=22091 The Protocol amends the India Brazil income tax Convention to modernise taxing rights, lower source state withholding on interest, royalties and technical service fees, and to introduce anti abuse measures including a Principal Purpose Test, a general anti abuse clause and a Simplified Limitation of Benefits, implementing BEPS minimum standards and recommendations to enhance treaty clarity and curb tax avoidance. en-us Thu, 07 Nov 2019 09:56:00 +0530 Thu, 07 Nov 2019 09:56:00 +0530 TaxTMI RSS Generator Cabinet approves protocol amending the Convention between India and Brazil for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income https://www.taxtmi.com/news?id=22091 The Protocol amends the India Brazil income tax Convention to modernise taxing rights, lower source state withholding on interest, royalties and technical service fees, and to introduce anti abuse measures including a Principal Purpose Test, a general anti abuse clause and a Simplified Limitation of Benefits, implementing BEPS minimum standards and recommendations to enhance treaty clarity and curb tax avoidance. News - Thu, 07 Nov 2019 09:56:00 +0530 https://www.taxtmi.com/news?id=22091