Fresh Protocal between India-Belgium to Avoid Double Taxation & Prevention of Fiscal Evasion

India and Belgium sign Fresh Protocol amending the Existing India-Belgium DTAA and Protocol for Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to Taxes on Income

CBDT Press Release dt. 9 Mar. 2017 Protocal amending India Belgium DTAA

India and Belgium have signed a Protocol amending the existing Protocal and DTAA between the two countries for Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to Taxes on Income.

Further, the revised Protocol will broaden the scope of the existing framework of exchange of tax related information which will help curb tax evasion and tax avoidance between the two countries and will also enable mutual assistance in collection of taxes. Also, it will help fight the menace of Black Money stashed abroad.

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