https://www.taxtmi.com/acts?id=5512 Cross-border dividends may be taxed in the recipient's State, but the source State may also tax dividends paid by its resident company subject to capped withholding for beneficial owners, with reduced rates for qualifying corporate shareholders meeting ownership and continuity conditions; dividends are broadly defined to include various equity-like rights; dividend rules do not apply where the beneficial owner's holding is effectively connected to a permanent establishment or fixed base in the source State, in which case business profits provisions govern, and the source State may not tax dividends derived from the other State or undistributed profits except as specified. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 03 Dec 2024 15:14:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5512 Cross-border dividends may be taxed in the recipient's State, but the source State may also tax dividends paid by its resident company subject to capped withholding for beneficial owners, with reduced rates for qualifying corporate shareholders meeting ownership and continuity conditions; dividends are broadly defined to include various equity-like rights; dividend rules do not apply where the beneficial owner's holding is effectively connected to a permanent establishment or fixed base in the source State, in which case business profits provisions govern, and the source State may not tax dividends derived from the other State or undistributed profits except as specified. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5512