- This topic has 1 reply, 2 voices, and was last updated 8 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Tax from Associate dividend
Is this taxable even if its from an associate?
Not sure if you have already received a part complete answer to this question but let me now give you full answer and hope my computer works properly this time!!
I assume that you refer to a company receiving a dividend from an associated company?
Dividends received by a company are NOT taxable but are usually included within the calculation of FII which is added to TTP to derive Augmented Profit,
This is where the difference arises as dividends received from associated companies are EXCLUDED from the FII calculation.