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Protocol to Tax Treaty between India and Japan to Enter into Force

|Treaty Development|India-Japan
India-Japan

The 2015 protocol to the 1989 income tax treaty between India and Japan will enter into force on 29 October 2016. The protocol, signed 11 December 2015, is the second to amend the treaty. The changes made by the protocol include:

  • Article 11 (Interest) is updated to clarify the withholding tax exemption for interest derived and beneficially owned by the government, central bank or government ow…

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