Tag: Tax Treaty

Confidentiality provisions of tax treaties prohibit use of exchanged information for non-tax  purposes  

Confidentiality provisions of tax treaties prohibit use of exchanged information for non-tax  purposes without express consent  Central Board of Direct Taxes (CBDT) has expressed concern over confidentiality of information obtained from foreign jurisdictions under the Exchange of Information (EOI) process  of Double Taxation Avoidance Agreements  (DTAAs)/ Tax Information …

Multilateral Convention to Implement Tax Treaty related Measures to Prevent Base Erosion & Profit Shifting

Multilateral Convention to Implement Tax Treaty related Measures to Prevent Base Erosion and Profit Shifting signed by India on 7th day of June, 2017; MINISTRY OF FINANCE(Department of Revenue)(INCOME TAX) Notification No. 57/2019 New Delhi, the 9th August, 2019 S.O. 2887(E).—Whereas the Multilateral Convention to Implement Tax Treaty …