https://www.taxtmi.com/acts?id=5693 Cross-border dividends may be taxed in the recipient's State of residence, while the source State may tax dividends paid by its resident company subject to limited withholding restrictions when the recipient is the beneficial owner. Reduced rates apply for qualifying corporate shareholders and a different limit for other cases. The withholding limits do not apply where the beneficial owner's holding is effectively connected with a permanent establishment or fixed base in the source State, in which case business profits or independent services rules govern. The source State may not tax the company's undistributed profits in these circumstances. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 19 Dec 2024 10:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5693 Cross-border dividends may be taxed in the recipient's State of residence, while the source State may tax dividends paid by its resident company subject to limited withholding restrictions when the recipient is the beneficial owner. Reduced rates apply for qualifying corporate shareholders and a different limit for other cases. The withholding limits do not apply where the beneficial owner's holding is effectively connected with a permanent establishment or fixed base in the source State, in which case business profits or independent services rules govern. The source State may not tax the company's undistributed profits in these circumstances. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5693