Double Taxation Agreement

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DIVIDENDS
ARTICLE 10

55	Scope.
56.	Residence State has not the exclusive right to tax dividends.
57.	Right of source State and withholding rate of tax.
58.	Tax agreements between Pakistan and other countries.
59.	Dividends.
59.1	Dividends, meaning of.
59.2	Declaration of dividend.
59.3	Distribution of dividend.
59.4	Payment of dividend.
59.5	Deemed dividend.
59.5-1	Accumulated profits.
59.5-2	Loans and advances to registered shareholders.
59.5-3	Loan and advance.
60.	Removal of limitations as laid down in paragraphs 1 and 2.
61.	Criterion for tax liability in the source State is the payment of dividends and not the origin of the corporation profits.