https://www.taxtmi.com/acts?id=6024 Dividends paid by a company resident of one Contracting State to a resident of the other may be taxed in the recipient's State, while the source State may also tax such dividends subject to a treaty limit where the recipient is the beneficial owner; this does not affect taxation of the company's profits. Dividends include income from shares, similar profit-participating rights and investment funds. Where the beneficial owner carries on business in the source State through a permanent establishment and the holding is effectively connected thereto, Article 7 applies instead of the dividend provisions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 03 Dec 2024 10:13:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6024 Dividends paid by a company resident of one Contracting State to a resident of the other may be taxed in the recipient's State, while the source State may also tax such dividends subject to a treaty limit where the recipient is the beneficial owner; this does not affect taxation of the company's profits. Dividends include income from shares, similar profit-participating rights and investment funds. Where the beneficial owner carries on business in the source State through a permanent establishment and the holding is effectively connected thereto, Article 7 applies instead of the dividend provisions. Act-Rules DTAA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6024