The latest 2024 amendment which incorporates the Principal Purpose Test in the DTAA can potentially undo the ‘grand-fathering’ by throwing open even investments made before 2017 to fresh scrutiny. The amendment states that the new protocol “shall have effect without regard to the date on which taxes were levied or the taxable years to which the taxes relate.”
Explore the impact of BEPS principles and MLI framework on India's Double Taxation Avoidance Agreements (DTAA). Detailed analysis of the India-Singapore DTAA, changes in PE clauses, and post-BEPS amendments.
Data and research on tax treaties including OECD Model Tax Convention, Mutual Agreement Procedure Statistics, prevention of treaty abuse., China has deposited its instrument of approval for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention). China s instrument of approval also covers Hong Kong (China) s bilateral tax treaties. The Convention will enter into force on 1 September 2022 for China.
VP Osinbajo: Corruption remains biggest problem in tax system today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.