Section 194 of the Income-tax Act mandates that Indian companies must deduct 10% income tax on dividends paid to shareholders who are residents in India, before making any payment. The first proviso ...
(1) - Qualified Dividends shows the portion of the amount in Box 1a that may be eligible for capital gains tax rates (2) - Section 199A Dividends shows the portion of the amount in Box 1a that may ...
NEW YORK--(BUSINESS WIRE)--TWO (Two Harbors Investment Corp, NYSE: TWO), an MSR-focused REIT, announced today the tax treatment of the company’s common stock and preferred stock dividends ...
(NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced the tax treatment of common and preferred stock dividends declared in 2024. This information is provided to ...
The Finance Minister said, “It is proposed to provide that no tax is required to be deducted when the amount or aggregate of amounts of such dividend, distributed or paid or likely to be distributed ...
Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of any Realty Income common or preferred stock dividends or Spirit common stock dividends received.
One major area which needs rationalisation is the taxation of dividends for resident shareholders. While the abolition of the Dividend Distribution Tax (DDT) in FY 2020-21 was a step towards aligning ...