DTAA Benefits in India: TRC, Form 10F, MLI and the Principal Purpose Test

DTAA benefits in India | TRC Form 10F MLI principal purpose test India A US private equity fund sells its stake in an Indian portfolio company. Long-term capital gains tax in India would be substantial. The fund’s holding entity is in Mauritius, structured to access the India-Mauritius DTAA’s capital gains exemption for shares acquired before […]