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TZID:Asia/Kolkata
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DTSTART:20210101T000000
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BEGIN:VEVENT
DTSTART;TZID=Asia/Kolkata:20211027T163000
DTEND;TZID=Asia/Kolkata:20211027T173000
DTSTAMP:20260420T063456
CREATED:20210930T103250Z
LAST-MODIFIED:20211111T073557Z
UID:6107-1635352200-1635355800@sicc.ch
SUMMARY:Recent development in the Dividend Taxation regime in India: Significance for Swiss Investor
DESCRIPTION:Webinar on Recent developments in the Dividend Taxation regime in India: Significance for Swiss Investors  \nDate: 27 October\, 2021  \nTime: 04:30 pm to 05:30 pm IST  |  01: 00 pm to 02:00 pm CET \nRegistration link \nAs a significant overhaul of the Indian dividend taxation regime\, the classical withholding tax on dividends has replaced the erstwhile dividend distribution tax (DDT) with effect from 1 April 2020. \nThis offers an opportunity for an Indian company to withhold taxes at the beneficial Tax Treaty rates while paying dividend to non-resident shareholders. While the India-Switzerland Tax Treaty prescribes a beneficial tax rate of 10 per cent for beneficial owners of dividends vis-à-vis the withholding tax rate of 20 per cent (plus applicable surcharge and cess) under Indian law\, the Most-Favored-Nation clause (MFN) in the Protocol paves the way for a further reduced rate of 5 per cent. Applicability of the reduced 5 per cent rate under the MFN clause has recently been supported by a favorable ruling by an Indian High Court.  \nRecently\, the Swiss federal authorities have also issued a decree wherein it has supported the interpretation of MFN clause (i.e.\, 5 per cent tax rate) in the context of India – Switzerland tax treaty. \nIn light of these developments\, we are pleased to invite you for a webinar organized along with KPMG on exploring the new opportunities especially in the context of the benefit under India – Switzerland tax treaty\, have discussion on potential group reorganizations\, beneficial ownership test and recouping the excess DDT paid on historic dividends. \nIt will also be followed by the Q&A session at the end of the webinar. \nWe look forward to your participation in the webinar!
URL:https://sicc.ch/event/recent-development-in-the-dividend-taxation-regime-in-india-significance-for-swiss-investor/
CATEGORIES:Webinar
ATTACH;FMTTYPE=image/jpeg:https://sicc.ch/wp-content/uploads/2021/09/KPMG-SICC-India-Image.jpg
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