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List four types of dividend income which are exempted from tax in your country

      

List four types of dividend income which are exempted from tax in your country

  

Answers


Wilfred
i) Dividends from outside Kenya or from nonresident companies.
ii) Dividends received by a company which controls more than 12 1/2 % of the voting power of the company paying the dividend.
iii) Dividends received by a resident insurance company from its investments income of the life insurance fund.
iv) Dividend amount being the discount factor on the issue of debentures or
v) Redeemable preference shares or ordinary shares if it is less than 5% of par value.
Wilfykil answered the question on February 14, 2019 at 09:27


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