https://www.taxtmi.com/acts?id=18209 Dividends paid by a resident company to a resident of the other Contracting State may be taxed in the recipient's State, while the payer's State may also tax them but withholding is limited when the beneficial owner resides in the other State. "Dividends" means income from shares or similar profit-participating rights. The dividend rules do not apply where the beneficial owner's holding is effectively connected with a permanent establishment or fixed base in the payer's State, in which case business profits or independent personal services provisions govern; a State may not tax dividends or undistributed profits arising abroad except in specified connected situations. en-us Fri, 21 Mar 2014 17:07:35 +0530 Mon, 25 Nov 2024 17:50:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18209 Dividends paid by a resident company to a resident of the other Contracting State may be taxed in the recipient's State, while the payer's State may also tax them but withholding is limited when the beneficial owner resides in the other State. "Dividends" means income from shares or similar profit-participating rights. The dividend rules do not apply where the beneficial owner's holding is effectively connected with a permanent establishment or fixed base in the payer's State, in which case business profits or independent personal services provisions govern; a State may not tax dividends or undistributed profits arising abroad except in specified connected situations. Act-Rules DTAA Fri, 21 Mar 2014 17:07:35 +0530 https://www.taxtmi.com/acts?id=18209