Revised India-Qatar Tax Treaty to Include BEPS Minimum Standards

Revised India-Qatar Tax Treaty to Include BEPS Minimum Standards

India’s Union Cabinet has approved revision of the country’s tax treaty with Qatar.

The revised tax treaty includes a limitation of benefits clause to prevent treaty shopping. It meets the base erosion and profit shifting (BEPS) minimum standards on treaty abuse (BEPS Action 6) and mutual agreement procedure (BEPS Action 14).Continue Reading

Indian Cabinet Approves Tax Treaty with Iran

Indian Cabinet Approves Tax Treaty with Iran

The Indian Government has approved the country’s tax treaty with Iran.

The tax treaty is in line with the ones entered into by India with other countries. The proposed treaty also meets tax treaty-related minimum standards proposed under the OECD’s base erosion and profit shifting project, in which India is participating on an equal footing.Continue Reading

Countries Agree to Reach Consensus on Digital Taxation by 2020

Countries Agree to Reach Consensus on Digital Taxation by 2020

The OECD on March 16 released its Interim Report on the Tax Challenges Arising from Digitalisation, noting a lack of consensus among countries on either the merit or the need for interim measures to address the tax challenges posed by the digital economy.Continue Reading