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I am Indian and staying in India. I am holding stocks/shares of a French company which is listed on the Paris stock exchange.

Every year, the French company declares dividend on the shares, and on those dividends 30% tax is getting deducted and withheld. How can save on this tax, as the dividend is reduced by it, and I don't stay in France. Also, how can I get tax back which was deducted on the dividends?

Chris W. Rea
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Sanjay Bora
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1 Answers1

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France taxes capital / dividend gains accrued in France. Hence you will not be able to reduce this liability. India does have a Double Tax Avoidance Treaty with France and you can claim relief for the tax paid in France.

Dheer
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