Hi!
I want to know TDS rate on royalty paid to foreigners being Company or Non company.
Thanks in advance!
CA. Vineet Grover
(Chartered Accountant)
(1538 Points)
Replied 15 November 2007
Vijay K. Agrawal
(Service)
(608 Points)
Replied 15 November 2007
Hemank Deshpande
(Proprietor)
(32 Points)
Replied 10 October 2011
Dear CA Vineetji/Vijayji
I am refereing to Royalty payments for usage of copyright and with ref to USA.
As refering to referencer issued by BCA and on some sites where TDS rates are available its specified as below:
TDS is 10% for equipment rental and for services anicialry thereto
a. for other cases 1-5 yrs of agreement 15% if govt or specified organisation is payer.20% in other cased.
b. subsequent yrs 15% for all cases.
Please advice.
CA Hemank
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