22.02.2016

Direct Taxation

DTAA agreement with Maldives for international air transport

MANU/PIBU/0222/2016

The Union Cabinet approved entering into an agreement with the Maldives for the avoidance of double taxation of income from international air transport. The agreement aims to avoid double taxation for airline enterprises of India and Maldives by exempting income derived by the enterprise of India from the operation of aircraft in international traffic, from Maldivian tax and vice versa.

Tags : Double taxation avoidance Maldives airlines

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