Revised India-Brazil DTAA to incorporate minimum standards & other recommendations under BEPS

Nov 07,2019

Union Cabinet approves the signing of the Protocol amending the Convention between the Government of India and the Government of Brazil, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income; Press Release highlights that the Amending Protocol implements minimum standards and other recommendations of G-20 OECD BEPS Project; Next, updates that “Inclusion of Preamble Text, a Principal Purpose Test, a general anti...

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