Dividends Tax is a tax on shareholders (beneficial owners) when dividends are paid to them, and, under normal circumstances, is withheld from their dividend payment by a withholding agent (either the company paying the dividend or, where a regulated intermediary is involved, by the latter).A dividend is in essence any payment by a company to a shareholder for a share held in that company, excluding the return of contributed tax capital (i.e.On and after August 1, 2003, the transportation of persons by motor vehicle or aircraft is or is to be provided, when the transportation is entirely within this state, except for transportation provided by an ambulance service, by a transit bus, as defined in section On and after August 1, 2003, motor vehicle towing service is or is to be provided.As used in this division, "motor vehicle towing service" means the towing or conveyance of a wrecked, disabled, or illegally parked motor vehicle.A simple trust is one that is required to distribute all of its income and no amount is paid or set aside for charitable contributions. Capital gains, under most state laws and trust documents, are allocated to corpus.The complexity of trust taxation arises because of several factors: When a trust earns income or pays expenses, the income or expenses are allocated either to principal or to income.An exception to this general principle is where a dividend consists of a distribution of an asset A summary of the withholding tax rates as per the South African Double Taxation Agreements currently in force has been split into two parts, Africa and the rest of the world.
Dividends Tax payments should be accompanied by a return (DTR01/02).As used in this division, "personal care service" includes skin care, the application of cosmetics, manicuring, pedicuring, hair removal, tattooing, body piercing, tanning, massage, and other similar services."Personal care service" does not include a service provided by or on the order of a licensed physician or licensed chiropractor, or the cutting, coloring, or styling of an individual's hair. A trust is a fiduciary entity whose objective is to hold and invest money or property held in the trust for the benefit of the beneficiaries.Trust property consists of principal (aka corpus), which is the property transferred to the trust by the grantor, and income earned by the trust, usually from investments.