Page 41 - P6 Slide Taxation - Lecture Day 4

Exempt From Dividends Tax

Dividend in specie – exempt if person who receives dividend:

Exemptions s 64 FA

If a declaration to the co, AND a written

undertaking has been submitted to the co.

- When? By the date of payment of the dividend

if the beneficial owner forms part of the same group

of companies (as defined in s 41), or