A few years ago, SARS took Secondary Tax on Companies (STC) away as a form of taxing dividends. Dividends Withholding Tax (DWT) replaced this.
But, with this change, SARS had to align the treatment of foreign dividends for tax purposes, as the new basis of DWT was a tax on the individual taxpayer, and no longer the company.
This meant SARS would tax you on the tax rates per the individual ... ››› more
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