Kazakhstan ratifies protocol modifying tax treaty with India

Kazakhstan has ratified a protocol containing amendments to a tax treaty signed with India, Kazakh international news agency, Kazinform, reported on February 8.

The India-Kazakhstan protocol would amend the countries 1996 treaty, allowing for relief from double taxation in transfer pricing cases and providing a new services permanent establishment (PE) provision with a threshold.

The treaty also provides that profits attributed to a PE will be determined on the basis of apportionment of the total profits of the enterprise.

Further, the India-Kazakhstan protocol adds updated provisions on exchange of information, and a main purpose test to prevent misuse of the treaty.


Don't miss the latest tax and transfer pricing news! Sign up for our FREE newsletter

Be the first to comment

Leave a Reply

Your email address will not be published.