Do i need to pay tax on share capital gain ?
Do i need to pay tax on dividend ?
Do i need to pay tax on FD ?
Tax - share, dividend, fd
Tax - share, dividend, fd
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Jul 16 2016, 08:50 AM, updated 8y ago
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#1
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Junior Member
233 posts Joined: Jul 2008 |
Do i need to pay tax on share capital gain ?
Do i need to pay tax on dividend ? Do i need to pay tax on FD ? |
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Jul 16 2016, 09:59 AM
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#2
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Senior Member
4,258 posts Joined: Nov 2012 |
QUOTE(sai2 @ Jul 16 2016, 08:50 AM) Do i need to pay tax on share capital gain ? NoDo i need to pay tax on dividend ? Do i need to pay tax on FD ? No No On dividend, the company has already paid the corporate tax (as a shareholder, you already paid the tax). The dividend you received is 1-tiered so you do not need to pay any more tax. For Reits, the company will deduct 10% withholding tax and remit the 90% net proceeds to you, so you do not need to worry about tax anymore note : I am assuming you are an individual, not corporation This post has been edited by Showtime747: Jul 16 2016, 10:00 AM |
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