India and Oman have updated their Double Taxation Avoidance Agreement, effective May 2025, to prevent double taxation and also reflect current global tax norms. The revised treaty promotes cross-border investments by lowering tax rates on royalties and technical service fees. It also introduces a non-discrimination clause and strengthens information exchange between the 2 countries.
from Tax-Wealth-Economic Times https://ift.tt/qDSbWQi
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