Direct Tax Avoidance Agreements

Spain

DOUBLE TAXATION AVOIDANCE AGREEMENT

WITH SPAIN

NOTIFICATION NO. 9753 [F.NO. 503/2/86-FTD]. DATED 21-4-1995

WHEREAS the annexed Convention between the Government of the Republic of India and the Kingdom of Spain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital has entered into force on 12th January, 1995 after the exchange of Instruments of Ratification as required by paragraph 2 of Article 30 of the said Convention;

NOW, THEREFORE, in exercise of the powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby directs that all the provisions of the said Convention shall be given effect to in the Union of India.

CONVENTION

BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA

AND THE

KINGDOM OF SPAIN

FOR THE AVOIDANCE OF DOUBLE

TAXATION AND THE PREVENTION

OF FISCAL EVASION

WITH RESPECT TO TAXES ON INCOME

AND ON CAPITAL

The Government of the Republic of India and the Government of the Kingdom of Spain desiring to conclude a Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income and on capital have agreed as follows:

Article 1 : Personal scope

This Convention shall apply to persons who are residents of one or both of the Contracting States.