INTERVIEW QUESTIONS TAX DETAILS

Question: What is Affiliation Privilege in Taxation?

Answer: Affiliation Privilege in Taxation is the tax relief or exemption accorded to dividend distributions made by a resident subsidiary company to its parent company which owns a certain minimum percentage of shares, in order to mitigate double taxation of such dividends.

Affiliation Privilege in Taxation is the tax relief or exemption accorded to dividend distributions made by a resident subsidiary company to its parent company which owns a certain minimum percentage of shares, in order to mitigate double taxation of such dividends. Source: CoolInterview.com

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