Update - Protocol to Tax Treaty between Austria and India

The amending protocol to the 1999 income tax treaty between Austria and India was signed 6 February 2017. The protocol:

• Replaces Article 26 (Exchange of Information) to bring it in line with the OECD standard;
• Adds Article 26A (Assistance in the Collection of Taxes); and
• Adds a new paragraph to the original final protocol to the treaty to clarify the application of the new Article 26 (Exchange of Information).

The protocol, which is the first to amend the treaty, will enter into force on t…