Exempt Flashcards
they are included in gross income before they are exempt
1
Q
interest income
A
only applicable to natural person
local interest
person >/= 65 years = 34 500
person< 65 years = 23 800
foreign interest is not exempt
2
Q
dividends
A
local dividends are fully exempt
foreign dividends
25/45 for person
7/27 for company
3
Q
A
