This edition of our GMS Bulletin provides highlights specifically for individuals who would like to apply for the COD and obtain the Tax Treaty Benefits/Exemption.
In May 2017, the Director General of Taxation issued a new regulation regarding Certificate of Domicile which replaces the previous regulation issued in 2010. Based on this regulation, there are several new requirements and a new form to complete.
They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.