Tuesday, November 15, 2016

Protocol amending the DTAC between India and Japan

The existing Double Taxation Avoidance Convention between India and Japan was signed on 7th March,1989 and was notified on 1st March 1990. The DTAC was subsequently amended on 24th February, 2006.A Protocol amending the DTAC between India and Japan for the Avoidance of Double Taxation and the Prevention of Fiscal evasion with respect to taxes on income which was signed on 11th December, 2015 has been entered into force on 29th October, 2016 on completion of procedural requirements by both countries. The Protocol amending the DTAC aims to promote transparency and cooperation between the two countries.

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