According to a notification published by India on 27 August 2019, the amending protocol to the 1993 income and capital tax treaty between India and Spain entered into force on 29 December 2014. The protocol, signed 26 October 2012, provides for the following changes:
- The taxes covered are amended in respect of Spain to include income tax on individuals, corporation tax, income tax on non-residents, and capital tax;
- Article 10 (Associated Enterprises) is amended with the addition of paragrap…