Question: Which statement is wrong about the tax on capital gains (dividend tax). 1. The tax on capital gains is owed by the company. 2. The
Which statement is wrong about the tax on capital gains (dividend tax).
1. The tax on capital gains is owed by the company.
2. The tax on capital gains is a company tax.
3. The tax on capital gains is withdrawn from the dividend.
4. The tax on capital gains is paid to foreign investors as part of the gross dividend.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
