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Sanofi Message Board

  • rdravin rdravin Mar 16, 2012 2:26 PM Flag

    Tax on dividend question

    For sake of argument lets say SNY pays
    div=1.00
    foreign withholding rate=15%
    ordinary dividend tax rate=15%

    Shareholder gets 85% x 1.0 = .85
    ordinary dividend tax 15% x 1.00 = .15
    Foreign tax credit 15% x 1.0 = .15

    Is the above how taxes are computed?

    thx

 
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