https://www.taxtmi.com/acts?id=4761 Dividend taxation under the DTAA permits taxation by the recipient's residence State but allows the source State to tax dividends paid by its resident companies; where the recipient is the beneficial owner, source taxation is limited to 10% of gross dividends. "Dividends" include income from shares and similar corporate profit-participating rights. The withholding limit does not apply if the beneficial owner has a permanent establishment or fixed base in the source State and the holding is effectively connected, in which case business profits or independent services rules govern. The source State may not tax such dividends or undistributed profits except as specified. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 20 Nov 2024 17:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4761 Dividend taxation under the DTAA permits taxation by the recipient's residence State but allows the source State to tax dividends paid by its resident companies; where the recipient is the beneficial owner, source taxation is limited to 10% of gross dividends. "Dividends" include income from shares and similar corporate profit-participating rights. The withholding limit does not apply if the beneficial owner has a permanent establishment or fixed base in the source State and the holding is effectively connected, in which case business profits or independent services rules govern. The source State may not tax such dividends or undistributed profits except as specified. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4761