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What you do during each stage of the life of your shares can affect your tax for years to come. We hired a nanny to look after our baby while we work. Yes, the employer is required to withhold income taxes. As with everything, DRIPs have their disadvantages. The shareholder obtaining the ruling did not reinvest dividends under the DRIP.
If you hold a policy in an insurance company that demutualises, you may be subject to capital gains tax either at the time of the demutualisation or when you sell your shares. Withholding Allowance Certificate, from each employee.
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