https://www.taxtmi.com/acts?id=5875 Taxation of dividends permits taxation by the recipient's State of residence while the State where the distributing company is resident may also tax such dividends, subject to limits when the beneficial owner is resident of the other Contracting State. "Dividends" covers income from shares and analogous corporate rights. Dividend provisions do not apply where the beneficial owner carries on business or independent personal services in the distributing company's State through a permanent establishment or fixed base and the holding is effectively connected with it; then Article provisions on business profits or independent services govern. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Nov 2024 16:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=5875 Taxation of dividends permits taxation by the recipient's State of residence while the State where the distributing company is resident may also tax such dividends, subject to limits when the beneficial owner is resident of the other Contracting State. "Dividends" covers income from shares and analogous corporate rights. Dividend provisions do not apply where the beneficial owner carries on business or independent personal services in the distributing company's State through a permanent establishment or fixed base and the holding is effectively connected with it; then Article provisions on business profits or independent services govern. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=5875