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    <title>Final withholding Tax Levied at the Rate of 20 Per Cent</title>
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    <description>Proposal to impose a final withholding tax on distributions via buy backs by unlisted companies to curb tax avoidance, and to increase withholding on royalties and fees for technical services paid to nonresidents while deferring to rates in applicable double tax avoidance agreements to correct domestic treaty rate anomalies.</description>
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      <description>Proposal to impose a final withholding tax on distributions via buy backs by unlisted companies to curb tax avoidance, and to increase withholding on royalties and fees for technical services paid to nonresidents while deferring to rates in applicable double tax avoidance agreements to correct domestic treaty rate anomalies.</description>
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