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Dividend distribution tax is the tax levied by the Indian Government on companies according to the dividend paid to a company's investors. At present the dividend distribution tax is 15%, according to the Union Budget 2007, India. As per existing tax provisions, income from dividends is tax free in the hands of the investor. Further the dividends from domestic companies are tax-exempt, dividend from foreign companies are taxable in hands of investor. However, this is not to say that there is no tax levied at all. On the contrary, there is a levy of 15.00% of the dividend declared as distribution tax(Under Income tax Act,1961). This tax is paid out of the profits/reserves of the company declaring the dividend. Additional surcharge of 12% on DDT and education cess of 3% is levied. ==References== 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Dividend distribution tax」の詳細全文を読む スポンサード リンク
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