DTAA: India-US Tax Treaty Benefits
What is DTAA?#
Double Taxation Avoidance Agreement prevents double taxation of income.
India-US Treaty Key Points#
Business Profits#
- Taxed only if permanent establishment
Royalties/Fees#
- Max 15% tax rate
Interest#
- Max 15% tax rate
Dividends#
- Max 25% or 15% (for substantial shareholding)
Claiming Benefits#
- Form 10F for treaty claims
- TRC from home country
Conclusion#
DTAA helps optimize tax for cross-border income.