https://www.taxtmi.com/acts?id=16697 Dividends paid by a resident company 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 where the beneficial owner is resident of the other State. The Article defines dividends to include income from shares and similar rights. Dividend provisions do not apply if 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. Source States may not tax dividends or undistributed profits except in specified connected situations. en-us Mon, 25 Jun 2012 12:32:16 +0530 Tue, 27 Aug 2024 14:25:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16697 Dividends paid by a resident company 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 where the beneficial owner is resident of the other State. The Article defines dividends to include income from shares and similar rights. Dividend provisions do not apply if 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. Source States may not tax dividends or undistributed profits except in specified connected situations. Act-Rules DTAA Mon, 25 Jun 2012 12:32:16 +0530 https://www.taxtmi.com/acts?id=16697