Page 39 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax
P. 39
Exempt from dividends tax
Dividend ≠ in specie – exempt if the beneficial owner is:
Exemptions s 64 F
O A resident company
O Government, Provincial administration or Municipality
O Public Benefit Organisation (PBO)
O Closure rehabilitation trust
O Institution/board/body with the sole or principle objective
of:
O Scientific/technical/industrial research
O Goods supplied/services rendered to government/general
public
O Carry on activities promoting commerce/industry/agriculture.
