Why text of amended tax treaty with Mauritius triggered stock sell-offs

Why text of amended tax treaty with Mauritius triggered stock sell-offs

The amendment aimed at preventing “treaty abuse” and “round tripping” of funds, that led to loss of legitimate tax revenues. In May 2016, the Indian government announced the amendment of its Double Tax Avoidance Agreement (DTAA) with Mauritius, leading to a significant impact on the Indian stock market. The amendment aimed at preventing “treaty abuse” […]

Why text of amended tax treaty with Mauritius triggered stock sell-offs Read More ยป