.gif)
The distribution of dividends from Fiji companies listed on the South Pacific Stock Exchange (SPSE) to their shareholders will be deemed as tax paid.
The measure has been included in the revised 2010 Budget to “further encourage listing of companies on the SPSE and position Fiji as a regional financial centre”, said Prime Minister Commodore Voreqe Bainimarama.
“The incentive is in addition to the recently announced reduced corporate tax rate of 20 percent for listed companies,” Bainimarama said.
