Page 30 - Chapters 17 & 18 - Dividends & Dividend Tax

Levy Of Dividends Tax (s64e)

Dividends Tax = 15% x amount of dividend paid by the co

• Time?

• At which date is dividends tax levied?

• On date declared? Date paid?

• s 64E(2) deems a dividend to be paid on the earlier of:

• date on which the dividend is paid OR

• date on which the dividend becomes payable.