Double Taxation Avoidance Agreements

Double-taxation nuances in migration cases need to be evaluated on a timely basis to avoid unintended non-compliances. Facts are evaluated on a case-by-case basis for specific actions.

FPIs may move to Europe to save tax after DTAA tweaks

Tax treaties or the Double Taxation Avoidance Agreements (DTAA) signed with the three nations, mean that FPIs will be taxed for their capital gains. Luckily for foreign investors, some European nations continue to offer tax exemptions.

Five FPIs challenge MAT before Bombay HC; hearing on May 6

Five foreign portfolio investors (FPIs) from the US and the UK today moved the Bombay High Court challenging the Income Tax department's demand for Minimum Alternate Tax (MAT) on the profit earned from trading in stocks and bonds.

S'pore, Mauritius FIIs still out of MAT net: Dinesh Kanabar

Dinesh Kanabar, CEO, Dhruva Advisors explains that there are three kinds of FIIs: protected by double taxation avoidance treaty, no treaty but physical presence in India, and no treaty and no presence in India. So far notices have been sent only to the second category of investors.

Fin Min declines to share details on black money probe

"Since the information regarding Indians having accounts in foreign banks which are being obtained from foreign authorities under the prevailing Double Taxation Avoidance Agreements (DTAA) are confidential as per the treaty provisions and the same are exempt from disclosure," the Ministry said.

Budget Analysis: TRC existed in circular, brought into Act now: Shome

Parthasarathi Shome, advisor to the Finance Minister, explains on CNBC-TV18 why the tax residency certificate issue should not spark off fears for foreign institutional investors again.

Singapore Turns Down India's Request for Information

By: Shalini Jain, E&Y

India not tax haven: Pranab on Vodafone controversy

In a strong message to the critics of the retrospective amendment to the tax laws, Finance Minister Pranab Mukherjee on Tuesday asserted India is not a tax haven.

Standard Chartered partners with EDB of Singapore

Standard Chartered Bank today announced collaboration with the Economic Development Board to attract Indian companies to Singapore.

Delhi HC Ruling on PE & Profit Attribution

This E&Y Tax Alerts summarizes two recent rulings of the Delhi HC in the cases of Rolls Royce Plc and Rolls Royce Singapore on the issue of whether the foreign enterprises, constituted a permanent establishment (PE) in terms of Article 5 under India’s DTAA with the UK and Singapore respectively.

Making A Case for International Tax Tribunals

The proliferation of Double Taxation Avoidance Agreements entered into by India with several foreign countries has created a new branch of tax law.