Even after taxes have been paid on the profits of a company, that which remains cannot always be distributed without any tax consequences of its own. Shareholders and investors need to be well versed in the tax rules that apply to distributions to ensure that it is facilitated in accordance with the law.

Join us for a course discussing the tax impact of dividends, for both the person declaring it and the person receiving it.

Course Content:

• General:
  • What constitutes a dividend (including deemed dividends and dividends in specie)
  • Dividend stripping
  • Low interest loans from directors and shareholders
  • Value shifting arrangements
  • Deemed dividends in relation to transfer pricing
  • Clarifying the concept of contributed tax capital and a return of capital
• Considerations for the shareholder / recipient:
  • Declaration of exemption responsibility
  • Inclusion and exemption
  • Foreign dividends (including conversion to local currency)
• Considerations for the declaring entity:
  • Withholding tax responsibility
  • Penalties and interest for non-payment and late payment
  • Repayment of dividends from the shareholder

All Included:

• Video presented course
• Downloadable course material
• Certificate of training
• SAICA, SAIBA, ACCA, IACSA, IRBA Accredited - 2 verifiable CPD hours