India and France revise tax treaty to cut dividend tax
India and France revised their tax treaty, cutting dividend tax for large French investors from 10% to 5%, while increasing it to 15% for minority investors. The changes expand India's rights to tax capital gains on share sales by French entities, impacting cross-border investments.
after close1 source ↓written by the desknot a recommendation
- for stakes
- 10% to 5%
- an increase
- 15%
India and France have revised their 1992 tax treaty, reducing dividend tax for French investors from 10% to 5% for stakes over 10%. Conversely, minority investors will see an increase to 15%. This change allows India to tax share sales by French entities regardless of stake size, enhancing taxation powers.
Not investment advice. For informational purposes only.