With which country has india recently signed an agreement along with a double taxation agreement
Answers
Answered by
0
"India signed a double taxation avoidance agreement (DTAA) with Hong Kong on March 19, 2018.
The agreement was signed so that transparency in tax matters increases and tax evasion or avoidance of tax can be curbed.
The treaty was signed by Gautam Bambawale (Indian Ambassador in China) and Paul Cham Mo Po (Finance secretary of Hong Kong).
"
Answered by
0
India concluded a Double Tax Avoidance Agreement (DTAA) with Hong Kong on 19 March 2018 to tackle ambiguity in tax matters and tax evasion or tax avoidance, concluded by Gautam Bambawale (Indian Ambassador to China) and Paul Cham Mo Po (Hong Kong's Finance Secretary).
Explanation:
- Double Tax Avoidance Agreement is a tax arrangement negotiated between India and another nation (or any two/multiple countries) in order to avoid citizens from charging double taxes on their income received from both the country of origin and the country of residence.
- Cabinet Supports amending Sri Lanka's Double Taxes Evasion Deal. The protocol amending the DTAA concluded between India and Sri Lanka was approved by the Union Cabinet on 12 February 2020.
Learn more about double taxation:
International taxation double taxation and its avoidance mechanism
brainly.in/question/8470496
Similar questions