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TMI BlogDTAA with SwedenX X X X Extracts X X X X X X X X Extracts X X X X ..... DTAA with Sweden X X X X Extracts X X X X X X X X Extracts X X X X ..... ormation Exchange Agreements (TIEAs) with priority countries/jurisdictions. On 7th February, 2013, India and Sweden have signed a Protocol (the Amending Protocol) to amend the existing Double Taxation Avoidance Convention (DTAC) and the Protocol between Republic of India and the Kingdom of Sweden for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect of taxes on income ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and on capital. The salient features of the Amending Protocol with Sweden are: i) the Article concerning Exchange of Information in the existing DTAC between India and Sweden is updated by taking it up to the international standards including exchange of banking information and exchange without domestic interest; and ii) Provisions related to Tax Examination Abroad have been included. The DT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AC with Sweden, as amended by the Amending Protocol, will enable India to receive information from Sweden including banking information and information in which Sweden has no domestic interest. The article on Tax Examination Abroad will enable both the countries to assist in conducting tax examination abroad by allowing officials of one country to enter the territory of other country for this purp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ose.
This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a question in Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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