Multilateral Instruments (MLI) and Its impact on India What is MLI? Multilateral instruments (MLI) stands for Multilateral convention to implement tax related measures to prevent base erosion and profit shifting. This instrument is contained in action plan 15 of BEPS Project. The MLI allows jurisdictions to swiftly
Read more →Understanding the Tax Treaties (DTAAs) Why need of Tax Treaty Where a taxpayer who is resident of a country i.e. country of residence, earns income in another country i.e. source country, it gives rise to possible double taxation of such income in the hands of the taxpayer,
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