A company makes a qualifying distribution to its shareholders by paying a dividend or interest payment at more than the commercial rate. Tax is deducted from the payment.
Found on
http://www.encyclo.co.uk/local/20949
A company makes a qualifying distribution to its shareholders by paying a dividend or interest payment at more than the commercial rate. Tax is deducted from the payment. The sale of an asset to a shareholder for less than its market value is also a qualifying distribution. The value received is the net amount (after tax) of the qualifying distribu...
Found on
https://www.encyclo.co.uk/local/20956
No exact match found.
