Category: Section 64EA (ITA) – Liability for tax

Section 64EA

 

  1. Words precedind paragraph (a) substituted by section 74 of Act 22 of 2012 effective on 1 April 2012.

 

  1. Section 64EA inserted by section 77 of Act 24 of 2011 effective on 1 April 2012.

Section 64EA (ITA) – Liability for tax

Posted on by admin_kmos

64EA.   Liability for tax

Any-

(a)     beneficial owner of a dividend, to the extent that the dividend does not consist of a distribution of an asset in specie; or

(b)     company that is a resident that declares and pays a dividend to the extent that the dividend consists of a distribution of an asset in specie,

is liable for the dividends tax in respect of that dividend.

[Section 64EA inserted by section 77(1) of Act 24 of 2011 and amended by section 84(1) of Act 22 of 2012 and by section 44 of Act 34 of 2019]