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The Double Tax Avoidance Agreement (DBAA) is a tax treaty signed between two or more countries to help taxpayers avoid double taxes on the same income. A DBAA is applicable in cases where a person is resident in one nation but obtains income in another nation. Our specialized tax databases allow us to provide current and historical tax rates, comparative tables and country surveys. We have recent summaries of the most important facts, as well as detailed analyses of the tax system in countries around the world that cover corporate taxation, individual taxation, companies and investments. « The Cabinet of the Union chaired by Prime Minister Narendra Modi has authorised the signing and ratification of the Protocol amending the Agreement between India and Sri Lanka for the avoidance of double taxation and the prevention of tax evasion with respect to taxes on income, » an official press release said. The double taxation treaty between India and Sri Lanka was amended on Wednesday, according to an official press release. Sri Lanka Tax Profiles created by KPMG highlights cross-border issues of business and investment taxes. The guide contains sections on corporate tax, transfer pricing, indirect taxation, personal taxation, trade and customs. Updated August 2018. « DTAA will create a more attractive investment climate and give foreign investors a chance, » said Mr. Guruge, adding that since Sri Lanka signed the first such agreement with Britain in 1950, 46 such agreements have been signed to date with many other countries and some have been updated to adapt to the changes. Double Taxation Convention List of double taxation treaties in force in Sri Lanka and made available by the sri Lankan tax office.

« The preparatory work for the agreements will be completed shortly and the DBAA will be signed thereafter, » the Commissioner said, adding that such agreements are indispensable for the promotion of trade and investment. We have a collection of global double taxation treaties in English (and other languages, if available) to help members ask questions. If you are having trouble finding a contract, please call the application team on +44 (0) 20 7920 8620 or email us at library@icaew.com. Additional information about taxation in that country may appear in general works that are not on this list. . . .