Page 2 - Chapters 17 & 18 - Dividends & Dividend Tax

Study Outcomes

• Upon the successful completion of this Study Section

you should be able to:

• Determine whether a distribution to a shareholder

constitutes a dividend as defined;

• Calculate the tax on dividends and deemed dividends

declared;

• Identify dividends exempt from tax;

• Assess the withholding tax when a company declare and

pay dividends; and

• Assess the rebate in respect of foreign taxes on

dividends.