Once you have registered for Dividends Tax it also helps at this stage to update your user rights.
A dividend in specie is a dividend other than in the form of cash, for example an asset. The market value of the dividend in specie is the amount deemed to be equal to the market value of the asset on the date that the dividend is deemed to be paid.
Where a person listed in section 64EB(2)(a) borrows a share in a listed company from another person after a dividend is announced or declared, any payment made by the borrower to the lender (i.e. the manufactured dividend) is subject to dividends tax.
This section must be completed by the entity that received dividends as regulated intermediary for distribution.
This section must be completed by the entity reporting on cash dividends that they distributed.
Simply fill in this section with all the details of the dividend received