Ownership definition: substitution of 'owner' for 'holder' clarifies who is treated for dividend income inclusion. Amendment substitutes the term "owner" for "holder" in the provision treating income by way of dividends for a person "being the owner of any share or ... Summary
Ownership definition: substitution of 'owner' for 'holder' clarifies who is treated for dividend income inclusion.
Amendment substitutes the term "owner" for "holder" in the provision treating income by way of dividends for a person "being the owner of any share or shares in a company," thereby modifying the clause that includes income by way of dividends paid or deemed to have been paid.
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