Dividend Distribution Tax - effective tax rate
| |
Individuals |
Domestic Corporates |
| |
Money Market Funds |
Other Funds |
Money Market Funds |
Other Funds |
| Dividend Distribution Tax (DDT) |
27.038% |
13.519% |
32.445% |
32.445% |
| Amount invested |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
| NAV appreciation |
5.00% |
5.00% |
5.00% |
5.00% |
| Amount available for distribution |
500,000 |
500,000 |
500,000 |
500,000 |
| Of which dividend |
393,583 |
440,455 |
377,515 |
377,515 |
| DDT amount |
106,417 |
59,545 |
122,485 |
122,485 |
| Tax paid as % of gains |
21.283% |
11.909% |
24.497% |
24.497% |