Page 50 - P6 Slide Taxation - Lecture Day 4
P. 50

Example











              Determine WHO is liable to pay the dividends tax in respect

              of the following dividends to SARS as well as the DATE on

              which the dividends tax has to be paid:





              1. FinCon (Pty) Ltd distributed shares that it held as an

                      investment to its shareholders on 1 May 2013. The market

                      value of the shares was R500 000 on 1 May 2013. FinCon

                      (Pty) Ltd’s shareholders are all natural persons and residents

                      in South Africa.
   45   46   47   48   49   50   51   52   53   54   55