India and France revise tax treaty to cut dividend tax
pre-market1 source ↓written by the desknot a recommendation
- have revised their
- 1992 double taxation avoidance treaty
- will drop
- 5%
- 10%
- an increase
- 15%
India and France have revised their 1992 double taxation avoidance treaty, reducing dividend tax for French investors. The tax on dividends for those holding over 10% stake will drop to 5% from 10%, while minority holders will see an increase to 15%. This amendment allows India to tax capital gains without ownership thresholds, enhancing its tax rights over share sales.
Not investment advice. For informational purposes only.