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).
The revised tax treaty brings the treaty provisions relating to exchange of information into line with international standards.
The India-Qatar tax treaty was signed in 1999 and came into force in 2000.