Headquarter company dividends

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  • keitht
    New Member
    • Aug 2013
    • 5

    #1

    [Question] Headquarter company dividends

    Hi

    Here is an interesting question - let's take the example that a company in SA falls into the Headquarter Company Tax Regime which means dividends paid to shareholders are exempt from DWT.

    What happens to the dividends paid to the Zambian shareholders? Will they pay dividends tax on their foreign dividends at the Zambian rate of 15% or will they also be exempt due to no DWT in SA?

    Thanks
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