 |
|
|
 |
|
|
|
|
New On The Lowtax Network Today
This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below. |
| |
| TODAY 11/03: Estonia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 10/03 Lowtax
Labuan, annual update |
| 09/03 Word
Search Puzzle, on Lowtax |
| 08/03 Jobs
For All,
Jeremy Hetherington-Gore blog |
| 05/03 Belgium
Summary PBTG Guide,
added to Personal Business Tax Guide |
| 04/03 New
Lowtax Editor Column,
by Kitty Miv |
03/03  Personal
Business Tax Guide, PBTG, has launched!
|
 |
| Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers. |
| 02/03 Personal
Equity Investment In 2010: Not Just For Expats…, Investors Offshore special feature
|
| 24/02 Lowtax
Cyprus, annual update
|
| 22/02 Lowtax
Brunei, annual update
|
| 17/02 Dubai
- A Stately Business Dome Decreed, Investors Offshore special feature
|
| 15/02 Lowtax
Australia,
major content expansion
|
| 27/01 Lowtax
Germany, major content expansion
|
| |
|
| |
| Lowtax Network Sites |
| Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| |
|
|
| India Plans To Revise Double Tax Treaties |
by Mary Swire, Tax-News.com, Hong Kong
Thursday, August 13, 2009
India is revising its double taxation avoidance treaties, especially those which were concluded prior to 2004. Its objective is to renegotiate anti-abuse provisions. The latest Finance Act will also allow new treaties to be negotiated with non-sovereign territories.
There is particular concern that the treaty with Mauritius provides for exemption of capital gains tax on sales of shares. In a written parliamentary answer, amendments to this particular treaty were said to be planned to "prevent its misuse for avoiding taxes and enhance exchange of information, including banking information." Other treaties entered into prior to 2004 are also weak in their anti-abuse provisions believes the government; these include agreements with the Netherlands, Australia, Cyprus, and the US. The parliamentary written answer recorded that 60% of Indian foreign investments in the last year involved countries listed as 'tax havens', the main ones cited being Mauritius, Cyprus, and Singapore.
Foreign direct investment into India is also largely routed through countries such as Mauritius and Bermuda, the reasons for which the parliamentary statement also attributed to tax optimisation. Bermuda is one of the non-sovereign jurisdictions for which no double taxation treaty was possible until the present Finance Act. The main aim of these new treaties will be to provide exchange of tax information, and could also include such territories as the Cayman Islands, Hong Kong, and Macau. Singapore already has a double taxation avoidance treaty with India, effective since 2004, which contains the more up-to-date anti-avoidance provisions; however, a likely priority would be to seek to include tax information exchange provisions in this treaty.
.
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|
LAWANDTAX-NEWS.COM
