Question
XY Ltd made a distribution to a shareholder with a 20% interest in the company of R200 000. The directors decided that the distribution represents
XY Ltd made a distribution to a shareholder with a 20% interest in the company of R200 000. The directors decided that the distribution represents the entire share premium of R160 000 plus R60 000 profits.
Determine the amount of the distribution that represents a dividend as defined.
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Single Stock Futures For Small Speculators
Authors: Noble Drakoln
1st Edition
0966624564, 978-0966624564
