Holding Company + Profits From Subsidiary Company

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  • claudfs
    New Member
    • Oct 2016
    • 1

    #1

    Holding Company + Profits From Subsidiary Company

    Holding company ABC (pty) ltd owns 60% shares in XYZ (pty) ltd

    Once XYZ declares an after tax profit, how do you transfer the money across to ABC (pty) ltd? is it subject to an additional 15% dividends tax?

    Thanks,
  • Andromeda
    Gold Member

    • Feb 2016
    • 734

    #2
    No it is not subject to withholding tax, because the shareholder is incorporated and its profits are taxed.

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