Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsIncome from certain dividends to include tax thereon
| 76. The income of a person arising from a dividend paid by a company liable to United Kingdom income tax, or Commonwealth tax within the meaning of section 71 shall, where any such tax has been deducted therefrom, be the gross amount before making such deduction; where no such deduction has been made, the income arising shall be the amount of the dividend increased by an amount on account of such taxes corresponding to the extent to which the profits out of which the said dividend has been paid have been charged with such taxes. |