Income tax refund for cash dividend
Personal income tax on cash dividend temporarily hold by FPT Securities will be refunded to investor’s trading account.
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13/09/2011
In particular, the company will pay the amount that the Depository Center or Issuing Organization had transferred to FPT Securities to investor’s trading account
The personal income tax imposed on cash dividend that was paid from August 1 to September 7, 2011 and is currently kept by FPTS will be refunded to investor commencing September 8, 2011.
The company will automatically deducts 5% on cash dividend only when issuers are joint stock banks, financial investment fund and credit organizations and when the amount transferred to FPT Securities has not been deducted for personal income tax.
FPT Securities had officially announced the personal income tax deduction for securities trading and refunded investors according to the Resolution by the General Assembly of Vietnam and guideline by the Ministry of Finance.
