12 ms·
Could you explain what these backdoors are?
by ragnot 3y ago
Could you explain what these backdoors are?
- alephnerd 3y agoThey're free trade and tax agreements. India–Singapore Comprehensive Economic Cooperation Agreement - https://en.m.wikipedia.org/wiki/India%E2%80%93Singapore_Comprehensive_Economic_Cooperation_Agreement https://en.m.wikipedia.org/wiki/India%E2%80%93Singapore_Comp... AGREEMENT FOR AVOIDABLE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH MAURITIUS - https://incometaxindia.gov.in/dtaa/108690000000000054.htm https://incometaxindia.gov.in/dtaa/108690000000000054.htm Also, the Marutius backdoor was apparently closed in 2017 [0], which explains why I've seen the growth in Singapore incorporation. [0] - https://www.squirepattonboggs.com/~/media/files/insights/publications/2016/10/updates-on-indias-tax-treaties-with-mauritius-and-its-impact-on-the-india-singapore-tax-treaty/updatesonindiastaxtreatieswithmauritiusanditsimpactontheindiasingaporetaxtreaty.pdf https://www.squirepattonboggs.com/~/media/files/insights/pub...