https://www.taxtmi.com/acts?id=37673 Residents may be taxed on dividends in their State of residence; the source State may also tax dividends paid by its resident companies to non-residents but is limited by a reduced source-state tax where the beneficial owner is resident of the other Contracting State. "" covers income from shares and similar profit-participating corporate rights (not debt-claims). The reduced source-state treatment is excluded where the beneficial owner's holding is effectively connected with a permanent establishment or fixed base in the source State, in which case rules on business profits or independent personal services apply. Source States generally may not tax dividends or undistributed profits arising from the other Contracting State except in the specified circumstances. en-us Thu, 19 Sep 2019 12:53:50 +0530 Mon, 09 Dec 2024 11:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37673 Residents may be taxed on dividends in their State of residence; the source State may also tax dividends paid by its resident companies to non-residents but is limited by a reduced source-state tax where the beneficial owner is resident of the other Contracting State. "" covers income from shares and similar profit-participating corporate rights (not debt-claims). The reduced source-state treatment is excluded where the beneficial owner's holding is effectively connected with a permanent establishment or fixed base in the source State, in which case rules on business profits or independent personal services apply. Source States generally may not tax dividends or undistributed profits arising from the other Contracting State except in the specified circumstances. Act-Rules DTAA Thu, 19 Sep 2019 12:53:50 +0530 https://www.taxtmi.com/acts?id=37673