1. December 2013
Issue 15
Intuit Management Consultancy
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DIFC Signs MOU with Toronto Financial Services Alliance
The Dubai International Financial Centre (DIFC) is the financial and business hub connecting the
region’s emerging markets with the developed markets of Europe, Asia and the Americas.
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BVI Joins OECD Multilateral Convention
The British Virgin Islands was granted inclusion in the Organization for Economic Co-operation.
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India TRC necessary but not sufficient to claim DTAA benefit
Tax Residency Certificate (TRC) will not be enough to claim benefits under the Double Taxation
Avoidance Agreement (DTAA) decided during the recent finance bill 2013-2014 of India, a move
to prevent tax evasion under the garb of treaties.
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UAE to gain from WTO on trade facilitation
The UAE will gain from an agreement to enact measures to ease global trade following a
breakthrough in World Trade Organization talks in Bali.
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Expo 2020 will raise Dubai’s GDP growth, spending and debt
Dubai’s dream of hosting the World Expo 2020 has become a reality and the next seven years
will present a host of opportunities for the emirate to build on its strength and expand its offering
as a global business hub.
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India, U.A.E Inks Much-Awaited BIPA
The U.A.E and India signed an eagerly-awaited Bilateral Investment Promotion and Protection
Agreement (BIPA) that would be crucial in redefining the investment and trade cooperation
between the two countries.
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Intuit Research Team
Intuit Management Consultancy
India Tel: +91 9840708181 Fax: +91 44 42034149
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