Declaring Dual listed company dividends
By Evan Robinson · Updated
I own Richemont and Billiton shares that are dual listed on the JSE. On my IT3b:
- Richemont dividends are shown as "foreign dividends" and 35% tax is deducted as "foreign tax paid".
- BHP Billiton dividends are shown as "foreign dividends" but the normal 15% witholding tax is deducted.
Do I need to declare both of these under foreign dividends and foreign tax credits or are they different?
- Richemont dividends are shown as "foreign dividends" and 35% tax is deducted as "foreign tax paid".
- BHP Billiton dividends are shown as "foreign dividends" but the normal 15% witholding tax is deducted.
Do I need to declare both of these under foreign dividends and foreign tax credits or are they different?
Declare them both under foreign dividends and then include the tax paid as well where it asks for it.