What is Double Taxation Avoidance Agreement (DTAA)?

What Does DTAA Mean?

What Are the Benefits of Double Taxation Avoidance Agreement (DTAA)?

List of Documents Required for Claiming DTAA Benefits

What Are the DTAA Rates?

List of Countries Who Signed the Double Taxation Avoidance Agreement

 

There are nearly 85 countries signed under the DTAA agreements with India. These countries have removed the obligations of paying double taxes.

The countries who have signed Double Taxation Avoidance  Agreement with India and their applicable rates are as follows-

[1]

Country

DTAA Tax Rates

Austria

10%

Australia

10%

Armenia

15%

Bangladesh

10%

Belarus

10%

Belgium

15%

Botswana

10%

Canada

15%

Cyprus

10%

Bulgaria

15%

Brazil

15%

China

15%

Denmark

15%

Czech Republic

10%

Hashemite Kingdom of Jordan

10%

South Korea

15%

Egypt

10%

Ethiopia

10%

Germany

10%

Estonia

10%

Italy

15%

Finland

10%

Georgia

10%

France

10%

Greece

As per agreement

Israel

10%

Hungary

10%

Indonesia

10%

Iceland

10%

Ireland

10%

Kyrgyz Republic

10%

Japan

10%

Kazakhstan

10%

Kenya

10%

Kuwait

10%

Libya

As per agreement

Mauritius

7.50-10%

Lithuania

10%

Namibia

10%

Morocco

10%

Montenegro

10%

Myanmar

10%

Mozambique

10%

Netherlands

10%

New Zealand

10%

Oman

10%

Malta

10%

Malaysia

10%

Luxembourg

10%

Mongolia

15%

Norway

15%

Nepal

15%

Uzbekistan

15%

Zambia

10%

Vietnam

10%

Trinidad and Tobago

10%

Tajikistan

10%

Turkmenistan

10%

UAR (Egypt)

10%

Uganda

10%

Ukraine

10%

United Mexican States

10%

UK

15%

USA

15%

Tanzania

12.50%

UAE

12.50%

Thailand

25%

Syrian Arab Republic

7.50%

Turkey

15%

Sweden

10%

Swiss Confederation

10%

Sudan

10%

South Africa

10%

Sri Lanka

10%

Slovenia

10%

Saudi Arabia

10%

Russia

10%

Qatar

10%

Portuguese Republic

10%

Serbia

10%

Philippines

15%

Singapore

15%

Poland

15%

Romania

15%

Spain

15%

This is some essential information on the Double Taxation Avoidance Agreement. An individual can avoid paying double taxes by applying for this benefit.

However, individuals should know that a country may deduct tax at source and show tax paid through the foreign tax credit document.

Thus, the double taxation avoidance rules vary from country to country. It is essential to understand what DTAA means and read the terms between the concerned countries to find the TDS rate.

Frequently Asked Questions