Aakash Garg & Co.

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Double tax relief and tax treaties

Our team can provide you advisory services for corporate planning and structuring, concerns in relation to tax treaty clarification, inbound as well as outbound investments, obtaining lower withholding tax certificate and compliance services related to foreign remittances and representation before the authority for international tax matters.

Tax treaties are signed among various countries which provide relief for tax on income derived from rendering personal services in specified circumstances. In certain specified circumstances, the treaties often provide tax relief for few business incomes if no permanent establishments exist in India. Resident tax-payers get an option of claiming a tax credit if their foreign income equals to the lower of the tax levied by the foreign country or the tax levied by India on that income, if no double expat tax treaty applies.

The Double Tax Avoidance Agreements (DTAA) are crucially bilateral agreements entered into between two countries. We facilitate our client in DTAA Advisory to avoid double taxation based on the nature of Income and expenditure, in both the countries i.e. Double taxation of same income and withholding tax issues and other compliance.