Page 13 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax

What is contributed tax capital

Shares issued by any other Co:

Stated capital OR Share capital and Share Premium
immediately before 1 Jan 2011.

Consideration received by the Co for the issue of shares of that

class on/after 1 Jan 2011

Contributed tax capital transferred to any person holding a

share in that specific class of shares on/after 1 Jan 2011 AND

has by the date of transfer been determined by the directors to
be an amount so transferred (or by a person or body with

comparable authority)

Part of Stated capital/SC and SP that would have

constituted a dividend, had it been distributed immediately
before 1 Jan 2011. [Amount will be given]