US EditionCOLUMN: WEEKLY INVESTMENT TALK. Retained earnings and efficient asset allocation – Daily News
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COLUMN: WEEKLY INVESTMENT TALK. Retained earnings and efficient asset allocation – Daily News
THE 2025/26 National Budget introduced a withholding tax of 10 per cent on companies’ retained earnings, which sent panic waves across all the country raising concerns on various issues including double taxation and a limitation of growth for corporates. Previously, the tax was to be levied on a six-months basis, however, following discussions with stakeholders, the timeline was extended to twelve months after the close of the financial year, gi…
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