Page 14 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax

What is contributed tax capital

How will the holder of a share know whether the

distribution received on its shareholding constitutes a

distribution from…

O retained earnings? or

O contributed tax capital?

Now a requirement by law that the Co (directors) must

notify the holders of share in writing at each

distribution to what extent the distribution constitutes

a reduction in contributed tax capital .