https://www.taxtmi.com/acts?id=16567 Dividends paid to a resident of the other Contracting State may be taxed in the recipient's State, while the source State may also tax such dividends but must limit tax to ten per cent of the gross amount when the recipient is the beneficial owner and resident of the other State. The limitation does not apply where 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 personal services provisions govern, and the source State generally may not tax dividends or undistributed profits except in those specific circumstances. en-us Wed, 30 May 2012 15:46:56 +0530 Tue, 19 Nov 2024 18:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16567 Dividends paid to a resident of the other Contracting State may be taxed in the recipient's State, while the source State may also tax such dividends but must limit tax to ten per cent of the gross amount when the recipient is the beneficial owner and resident of the other State. The limitation does not apply where 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 personal services provisions govern, and the source State generally may not tax dividends or undistributed profits except in those specific circumstances. Act-Rules DTAA Wed, 30 May 2012 15:46:56 +0530 https://www.taxtmi.com/acts?id=16567