STC Credit application

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  • nichoalscfm
    Junior Member
    • Apr 2011
    • 14

    #1

    [Question] STC Credit application

    Hello all

    Would any one be able to assist with the in practice application of STC Credits.

    In short I would like to know which account to debit and which account to credit account.

    For example:

    Local Dividends were received from a FSP before the effective date of the 1st April 2012.

    No Dividends have been paid from this entity to the Shareholder as yet.

    We would like to utilise the STC credit available to reduce the amount that is subject to DWT.

    Many thanks for any assistance
  • nichoalscfm
    Junior Member
    • Apr 2011
    • 14

    #2
    I'll box you

    Comment

    • Dave A
      Site Caretaker

      • May 2006
      • 22807

      #3
      Sounds like this belongs in the tax forum.
      Participation is voluntary.

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