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Refund on Dividends Withholding tax?

Posted 24 August 2015

MT says:
22 August 2015 at 9:58

I have twins and have set them up with unit trust investments in their own name. The distributions from the trusts are fully reinvested. However the trusts pay out a mixture of interest and dividends etc. On the dividends can I submit tax returns for them to claim back the dividend withholding tax. The interest and capital gains portions are below annual limits. They have no other income as they are not working.

TaxTim TaxTim says:
24 August 2015 at 7:56

Unfortunately not, dividends withholding tax is not something that can be claimed back and are a full and final tax.

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