India Cuts Dividend Tax For Large French Investors
India and France have revised a three-decade-old tax treaty, reducing dividend levies for large French investors while expanding Delhi's powers to tax some transactions. The changes could benefit major companies such as Sanofi, Renault and L'Oreal, which have expanded their investments in India over the past few years. The agreement also gives Delhi the right to tax capital gains arising from the sale of shares, including transactions where a French […]
