Allan Gray
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The real effect of Dividend Withholding Tax
The real effect of Dividend Withholding Tax
Johann Grandia

26 April 2012 | Issue no. 130

The new Dividend Withholding Tax (DWT) replaced Secondary Tax on Companies (STC) on 1 April 2012. Investors are understandably concerned about the long-term impact of this tax and the real effect on their investments. Our research shows that although the change in the way dividends are taxed will impact your investment, the net effect of the latest...
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