Page 12 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax
P. 12
What is contributed tax capital
Shares issued by Co. that became resident on/after 1 Jan
2011:
MV of specific class of shares on day before Co became a Before
resident resident
Consideration received by Co for the issue of shares
Contributed tax capital transferred to any person holding After
a share in that specific class of shares AND has by the resident
date of transfer been determined by the directors to be an
amount so transferred (or by a person or body with
comparable authority)
