The South African government has made some big changes to the rules about taxing dividends paid to foreign shareholders.

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This includes all income the government earns apart from taxes, such as fees, fines, dividends from public sector enterprises ...

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These changes come from something called the 2021 dividends protocol and are meant to update how South Africa handles taxes on money earned by foreign companies from South African businesses.

The sum of these amounts will be reported in Box 2a of Form 1099-DIV as Total Capital Gain Distributions. The statements in this document that are not historical facts are forward-looking ...

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