Page 47 - P6 Slide Taxation - Lecture Day 6 - Dividend Tax
P. 47
Withholding of dividends tax
(s 64G and S64H)
O Dividends tax = a withholding tax
O Thus, the tax is withheld on behalf of the holder of
the share (except with a dividend in specie).
O Who withholds the DT on behalf of the holder of the
share?
O Either the co (s 64G) which declares and pays the
dividend
O Or a regulated intermediary (s 64H) (if the dividend is
paid by co to regulated intermediary)
ONot both!!!
