Country

Dividend

(not being covered under Section 115-O)

Interest

Royalty

Fee for Technical Services

United States

a) 15%, if at least 10% of the voting stock of the company paying the dividend is held by the recipient company;

a) 10% if loan is granted by a bank/similar institute including insurance company;

10%/15%[Note 1]

10%/15%[Note 1]

b) 25% in other cases

b) 15% for others

Note:

Royalties and fees for technical services would be taxable in the country of source at the rates prescribed for different categories of royalties and fees for technical services. These rates shall be subject to various conditions and nature of services/royalty for which payment is made. For detailed conditions refer to relevant provisions of Indo-US Double Taxation Avoidance Agreement.

For withholding tax rates as per other DTAAs of India please click here.