Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Tax - share, dividend, fd

views
     
TSsai2
post Jul 16 2016, 08:50 AM, updated 8y ago

Getting Started
**
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 ?


Showtime747
post Jul 16 2016, 09:59 AM

Look at all my stars!!
*******
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 ?
Do i need to pay tax on dividend ?
Do i need to pay tax on FD ?
*
No
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

 

Change to:
| Lo-Fi Version
0.0122sec    1.67    5 queries    GZIP Disabled
Time is now: 29th March 2024 - 03:15 PM