Thread: Dangote Sugar
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Old 26th April 2007, 09:53 PM
bwalaman bwalaman is offline
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I believe the difference is that (1) is Corporate tax and (2) is capital gains tax.

1. Is on the company, a form cost of business tax.
2. Is a form of income tax.

Companies enjoy tax breaks on the former, while individuals could on the latter, in our case there is a capital gains tax- dividend is gain on capital, so considered income, thus tax...

Am I correct???
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