Previously, this facility did not exist, which led to double taxation. The new agreement, signed in May, will enter into force on April 1 in India. In the case of Malaysia, it came into force on 1 January. On April 1, dividends distributed by Indian companies to Malaysian investors or companies will increase a lower withholding tax of 5% compared to 10% previously. Agreement between the Government of the Russian Federation and the Government of the Republic of Albania to avoid double taxation on income and capital taxes. This is what is envisaged in the new agreement on the prevention of double taxation between India and Malaysia (DBAA), which came into force on 26 December. One of the new features of the agreement is that it provides for an appropriate adjustment of transfer prices in the other country, said Amit Maheshwari, partner, Ashok Maheshwary – Associates, an accounting firm. The establishment concept was also introduced with a 90-day threshold over a 12-month period. With regard to the abolition of double taxation, India applies a deduction, while Malaysia would use a credit method.

Both states also provide a tax-saving credit. The new agreement not only provides a mechanism for exchanging banking information to the tax authorities, but also includes a limitation of the performance clause, a provision relating to the fight against abuses. The new agreement also introduced, in accordance with international practice, a new article on the taxation of capital income from the disposal of property. Effective date: January 1, 2004 (Russia); July 1, 2004 (Australia) . . AGREEMENTS TO AVOID DOUBLE TAXATION AND THE PREVENTION OF TAX EVASION WITH ALBANIA THE GOVERNMENT OF THE REPUBLIC OF INDIA WITH REGARD TO INCOME AND CAPITAL TAXES . . Simply put, when an Indian transfer pricing officer adjusts transfer prices to an Indian subsidiary of a Malaysian company, an adjustment may be made by the Malaysian authorities in the Malaysian company`s accounts. . .

. ACCORD FOR THE RISK OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH AFGHANISTAN While the government and government of Afghanistan have a . . Effective date: January 1, 1998 (Russia); April 1 and April 6, 1998 (United Kingdom) . . In force: 1 January and 6 April 1996 (Ireland); January 1, 1996 (Russia) . . . .

SYNTHESISED TEXT OF THE MULTILATERAL CONVENTION TO IMPLEMENT TAXTREATY RELATED MEASURES TO PREVENT BASE EROSION AND PROFIT SHIFTING (MLI) AND THE AGREEMENT BETWEEN THE GOVERNMENT . . . Effective date: September 1, 2000 (South Africa); 1 January 2001 (Russia) Details of the India-Malaysia Income Tax Agreement and Protocol, signed on 9 May 2012, are available. The contract was concluded in Hindi, Malay and English, all texts authentic. However, in the event of a discrepancy, the English text is necessary. The treaty generally follows the OECD model.