Telecommunications
WHT on Dividend Paid to Foreign Shareholders
Withholding tax deducted from dividend payments to non-resident shareholders.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Dividends Payable (Foreign Shareholders) | Liability (-) | 10,000,000.00 | - |
| Withholding Tax Payable (ISTD) | Liability (+) | - | 500,000.00 |
| Cash / Bank (Net Dividend) | Asset (-) | - | 9,500,000.00 |
💡 Accountant's Note
Jordan imposes WHT on dividends paid to foreign shareholders. The applicable rate depends on double taxation treaties. The telecom deducts and remits the WHT, paying the net dividend to the foreign investor.
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