Tax on Dividends definition
Tax on Dividends means taxes, duties and similar charges imposed by any taxing authority of the PRC in respect of any such dividends or distributions, being 10% of the relevant dividend or distribution.
Examples of Tax on Dividends in a sentence
For a discussion of the taxation of dividends, see the section in this prospectus entitled “Material Income Tax Considerations—Swiss Tax Considerations—Taxation of Common Shares—Swiss Federal Withholding Tax on Dividends and Distributions.” Shares in uncertificated form may only be transferred by way of assignment.
Swiss Federal Withholding Tax on Dividends and other Distributions Dividend payments and similar cash or in-kind distributions on the common shares (including dividends on liquidation proceeds and stock dividends) that the Company makes to shareholders are subject to Swiss federal withholding tax (Verrechnungssteuer) at a rate of 35% on the gross amount of the dividend.