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Issue ID: 2868
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corporate divident tax

Date 05 Mar 2011
Replies 1 Reply
Views 1522 Views
Corporate dividend tax: additional income tax payable by the company, calculated on declared dividends with applicable surcharge.
Corporate dividend tax is an additional income tax payable by the company on declared dividends; companies must calculate and remit the levy by applying the prescribed tax rate and any multiplicative adjustment to the dividend amount. (AI Summary)

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)

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