The government announced (Press release 153/2013) that it is amending its tax plan in respect of taxing dividends received by resident individuals. Details of the amendments are summarized below.
Dividends from quoted companies
| - | 85% is taxed as shareholder's income from capital, whereas 15% is exempt. |
Currently, 70% is taxed as capital income and the remaining 30% is exempt.
Dividendsfrom…