India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies

India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while increasing it to 15% for minority shareholders. The agreement also proposes allowing India to tax share sales by any French entity, shifting to a source-based capital gains framework.

from Economic Times https://ift.tt/RVmusf2