Andreas Neocleous & Co LLC, a prominent law firm, sought Majmudar & Partners’ expertise following significant amendments to the India-Mauritius and India-Singapore tax treaties. These amendments introduced anti-abuse provisions, notably the principal purpose test (PPT), to prevent treaty shopping and tax avoidance.

Facilitating the Transaction

Majmudar & Partners provided comprehensive assistance by:

• Analyzing Treaty Amendments: Interpreting changes in the India-Mauritius tax treaty, including the introduction of the PPT, which aims to prevent treaty benefits in cases of tax avoidance.
• Assessing Client Impact: Evaluating how the treaty amendments affect Andreas Neocleous & Co LLC’s clients, particularly concerning investments routed through Mauritius and Singapore.
• Strategizing Compliance Measures: Advising on restructuring investments to comply with the new treaty provisions and mitigate potential tax liabilities.
• Providing Ongoing Support: Offering continuous guidance to ensure adherence to evolving international tax laws and treaties.

The amendments to the India-Mauritius and India-Singapore tax treaties introduced significant challenges for international investments. Majmudar & Partners’ expert analysis and strategic advisory ensured that Andreas Neocleous & Co LLC could navigate these changes effectively, helping their clients remain compliant and minimize potential risks under the revised frameworks.

Majmudar & Partners have expertise in international tax treaties and compliance strategies. Contact us today to ensure your investments are structured effectively within the latest legal frameworks.