Lesotho: Underlying Tax
1) Documents needed to support the underlying tax claim
The accounts showing the profits out of which the dividend was paid and the notice of assessment to income tax will be required by the Underlying Tax Group. Profits are assessed on a current year basis.
(2) Spared tax
A claim in respect of spared tax should be accompanied by the calculation of tax spared as prepared by the Lesotho company’s accountants and a copy of the certificate granting relief from tax.