Orginal Money Tax rate   After Tax Ratio 4 3 2 1   Total
     
  Each person gets Removed 15%  
  Tax  
Ratio  
 
 
 
 
Sum  
 
Sars Formula   Normal Method Reverse Method  
  Normal Method Total        
Number of shares   Dividend Value  
Dividend Per Share Share Holding   Dividend Subject to tax  
Reverse Engineered Method   Tax Rate Applicable 15%   Reverse Tax %  
  Tax Payable prior to rebate  
  Tax Witheld  
  Nett amount distributed to beneficial owner  
 
  Use these blocks to edit values Normal Method  
  Use these blocks to edit values Reverse method