The Evolving Landscape of Double Taxation Avoidance Agreements

The Evolving Landscape of Double Taxation Avoidance Agreements

Introduction The origin of the Double Taxation Avoidance Agreement (DTAA) regime dates back to 1899, when the first treaty was signed between Prussia and the Austro-Hungarian Empire. DTAAs are bilateral treaties designed to prevent the same income from being taxed twice, once in the host country where the income is generated and again in the individual’s home country. These agreements provide clarity on taxing rights, ensuring fair treatment for…