India, China Sign Tax Treaty Protocol to Implement BEPS Minimum Standards

India, China Sign Tax Treaty Protocol to Implement BEPS Minimum Standards

India has signed a Protocol to amend its tax treaty with China.

The Protocol incorporates changes required to implement tax treaty-related minimum standards agreed under the base erosion and profit shifting (BEPS) project.

The Protocol also introduces other changes in line with the BEPS proposals as agreed by both countries.

Finally, the Protocol updates the existing provisions for exchange of information to the latest international standards.

The Protocol was signed on November 26, 2018.

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