Page 57 - Companies & Dividend Tax
P. 57
DIVIDENDS
Rebate on dividends received from a foreign
company (section 64N)
• This section deals with rebates on a dividend
received or accrued to a resident from a “foreign
company” listed on the JSE.
• The rebate will apply if the dividend was taxed in
the foreign company’s home country.
• The rebate will be deductible from the gross RSA
Dividends Tax in order to calculate the net RSA
dividends tax that the foreign listed company must
withhold.
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