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BPR 121: STC or Dividends Tax

Monday, 17 September 2012   (0 Comments)
Posted by: SAIT Technical
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By SARS Legal & Policy

SARS recently issued Binding Private Ruling (BPR) 121. This ruling deals with the question as to whether a dividend to be paid toshareholders will be subject to secondary tax on companies or dividends tax.

The rulingwas requested on the interpretation and application of the provisions of –

  • section 64B(1), the definition of "declared”; and
  • section 64E(1) read with section 64D.

Please click here to download BPR 121.



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