n NISM Certifications
X NISM Series X
Medium

To claim benefits under a Double Taxation Avoidance Agreement (DTAA), an offshore investor must possess a ‘Tax Residency Certificate’ issued by the tax authorities of their country of residence, confirming their residency status.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Certificate of proof of foreign tax payment

  2. B

    Passport or foreign incorporation document attested in India

  3. Tax Residency Certificate from the foreign country

    Correct answer

  4. D

    Registration certificate from the embassy

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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