S. Jaykishan

Chartered Accountants

India-China signs protocol to amend DTAA

India-China signs protocol to amend DTAA

(Date: 27/11/2018)

The Government of India and the Government of China have amended the Double Taxation Avoidance Agreement (DTAA) by signing a Protocol on 26/11/2018. Protocol updates the existing provisions for exchange of information to the latest international standards. Further, it incorporates changes required to implement treaty related minimum standards under the Action reports of Base Erosion & Profit shifting (BEPS) Project, in which India had participated on an equal footing.