Page 44 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax
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Dividends tax
O Dividend paid by non-resident Co not listed on SA
securities exchange – not subject to dividends tax in SA
O If listed non-resident Co – dividends tax levied on
resident holder of shares only – CASH dividends only
O Dividend declared by resident Co to non-resident –
dividend subject to dividends tax (reduced ito double
tax agreement with country where s/h is resident)
