According to recent reports, India has begun preliminary talks for the negotiation of an amending protocol to the 1988 income and capital tax treaty with the Netherlands. One of the main areas of focus would be to expand India's taxing rights on gains from the alienation of shares in companies resident in India, similar to changes made in recent years to India's tax treaties with Mauritius and Singapore. Currently, the taxation of gains from the alienation of shares by the source State under the India-Dutch treaty is generally limited to shares deriving value from immovable property in a State.