corporate divident tax

[krishan sharma]

dear sir

as per your earlier reply against corporate divident tax

i may consider corpoarte divident tax as part of shareholder divident

and indirectly paid to goverment as additional income tax (if i am wrong please clearify in simple language)

AI Summary

Corporate Dividend Tax is Additional Income Tax Paid by Companies, Not Shareholders. A user inquired about considering corporate dividend tax (CDT) as part of shareholder dividends and whether it is indirectly paid to the government as additional income tax. A response clarified that CDT is indeed an additional income tax. For example, if a dividend is 10% amounting to Rs. 100 crore, the company must pay additional tax calculated as 100x15%*1.03. The responsibility to pay CDT lies with the company.