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India Expresses Need to Amend Regulation for Tax Treaty with Australia

|Treaty Development|India-Australia
India-Australia

According to a release from India's Ministry of Commerce and Industry, officials from Australia and India recently met to discuss various issues, including the need to amend the regulation pertaining to the 1991 Australia-India income tax treaty to stop the taxation of offshore income of Indian firms providing technical support. Amendments for this purpose were agreed to as part of the Australia-India Economic Cooperation and Trade Agreement (Ind-Aus ECTA), which was signed in April 2022. As…

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