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Thread: Profitable amount to pay Tax on

  1. #1
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    Profitable amount to pay Tax on

    Morning,

    Does one pay tax on the profit amount before dividends paid or after dividends paid?

    Thanks,

  2. #2
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    Excluding dividends.
    Dividends are declared out of retained earnings and are not an expense.

  3. #3
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    To confirm, Andromeda is saying income tax is paid on the amount before dividends are paid.

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