Page 30 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax
P. 30
Levy of dividends tax (s64E)
Dividends Tax = 15% x amount of dividend paid by the co
O Time?
• At which date is dividends tax levied?
• On date declared? Date paid?
O s 64E(2) deems a dividend to be paid on the earlier of:
O date on which the dividend is paid OR
O date on which the dividend becomes payable.
