Skip to main content
Taxes

Credit, underlying (indirect) tax

When discussing dividends, it is important to consider the credit for underlying tax. This credit pertains to the tax imposed on a company's profits, which are then used to pay out dividends. This relief can be granted through a tax treaty or through unilateral provisions. It is crucial to understand this concept in order to fully grasp the implications of dividends on a company's financials.

Related terms

Field audit

Understand the meaning and definition of Field audit in the context of stock market, trading, and investments.

MORE
Consolidated tax return

Understand the meaning and definition of Consolidated tax return in the context of stock market, trading, and investments.

MORE
Tax expenditure

Understand the meaning and definition of Tax expenditure in the context of stock market, trading, and investments.

MORE
Transportation tax

Understand the meaning and definition of Transportation tax in the context of stock market, trading, and investments.

MORE
Tax return

Understand the meaning and definition of Tax return in the context of stock market, trading, and investments.

MORE
Incidence of tax

Understand the meaning and definition of Incidence of tax in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.5 Cr+ happy customers
+91