Based on my understanding if buy stock, your stamp duty is consider a form of tax... besides dividend return is also tax at company side...
So what you get in the end no longer need to be tax.
investment return taxable?
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 Oct 23 2017, 02:19 PM
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Oct 23 2017, 02:38 PM
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QUOTE(jack2 @ Oct 23 2017, 02:27 PM) Wrong.. Dividends are not taxed at company side but pay on behalf by the company for its shareholders. Sorry long story short means share holders no need to pay any additional tax right? Upon dividend declaration, the tax is deducted from shareholders and it is the income for the shareholders and taxable. By then, the dividends which have been paid by the company is able to offset under S108 against any taxes.   |
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