India and France revise tax treaty on dividends and capital gains
after close1 source ↓written by the desknot a recommendation
- Indian companies
- 5%
- rate
- 15%
India and France have revised their 1992 tax treaty, reducing dividend tax for French firms with over 10% stake in Indian companies to 5%, while minority shareholders face a 15% rate. This treaty grants India full rights to tax capital gains, impacting French investors significantly. The changes aim to enhance bilateral investment and may lead to increased capital flows into India.
Not investment advice. For informational purposes only.