Dividends

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Full Text of the Document

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....ing to the law of that State, but the tax so charged shall not exceed : (a) 5 per cent of the gross amount of the dividends if the recipient is a company which owns at least 25 per cent of the shares of the company paying the dividends during the period of six months immediately preceding the date of payment of the dividends ; (b) 15 per cent of the gross amount of the ....