Webinar: Revisions to the India Mauritius Tax Treaty – Implications on Investors
India and Mauritius have revised their agreement for avoidance of double taxation between India and Mauritius (DTAA) during the preceding month through a Protocol.
The Protocol was executed granting the taxation rights back to India in respect of capital gains earned by Mauritius based investors investing in Indian entities.
The erstwhile DTAA had granted full taxation rights to the country of residence with respect to income from capital gains on the sale of shares thereby encouraging foreign investors route their investments through Mauritius and therefore avoiding payment of taxes on capital gains. As Mauritius does not impose any tax on capital gains, it resulted in double non-taxation of such capital gains.
Why attend:
- Understand the Protocol.
- Discover what the document means in practice.
- Learn about the implications does it have on UK investors.
- Get your questions answered by experts.
Hear our expert Mr. S. R. Patnaik, Partner, Cyril Amarchand Mangaldas, talk about how the changes effected in the Protocol will impact investments into India. Mr. Patnaik has expertise in various aspects of direct tax, such as international tax, transfer pricing, corporate tax etc and heads the Tax practice at Cyril Amarchand Mangaldas
