Double Taxation Avoidance Agreement Press Release dt. 26/11/2018

Ministry of Finance
Protocol amending India-China DTAA
Posted On: 26 NOV 2018 5:07PM by PIB Delhi
The Government of the Republic of India and the Government of the People’s Republic of China

have amended the Double Taxation Avoidance Agreement (DTAA) for the avoidance of double
taxation and for the prevention of fiscal evasion with respect to taxes on income, by signing a
Protocol on 26/11/2018.
Besides other changes, the Protocol updates the existing provisions for exchange of information
to the latest international standards. Further, the Protocol incorporates changes required to
implement treaty related minimum standards under the Action reports of Base Erosion & Profit
shifting (BEPS) Project, in which India had participated on an equal footing. Besides minimum
standards, the Protocol brings in changes as per BEPS Action reports as agreed upon by the two
sides.
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