1887

n Without Prejudice - Refinements to the withholding mechanism for dividend tax : tax

USD

 

Abstract

The provisions relating to the new dividends tax were enacted in 2008. Currently, secondary tax on companies (STC) is levied on all dividend distributions by companies at a rate of 10% on the net amount by which the dividend declared exceeds the dividends received in a dividend cycle. STC is a tax on the company and is not a withholding tax levied on the shareholder.

Loading

Article metrics loading...

/content/jb_prej/9/6/EJC50894
2009-07-01
2016-12-04
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error