Double taxation avoidance agreement (DTAA) - A simplistic overview of a DTAA
Double taxation is a levy of tax in two or more countries on the same taxpayer in respect of the same income for identical periods.
A DTAA is a treaty between two countries to provide relief for income which has been doubly taxed and to avoid double taxation of income in both the countries. It also facilitates exchange of information for prevention of evasion or avoidance of tax by a person in the respective count
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