chinnick967
chinnick967 t1_ja5i11o wrote
Reply to comment by bnabin51 in Tax offset on paid dividends by bnabin51
If you did not receive a dividend on the borrowed shares, then you do not need to pay a dividend
chinnick967 t1_ja5hcd9 wrote
Reply to comment by bnabin51 in Tax offset on paid dividends by bnabin51
If you received the dividend payment, that will go back to the whomever you borrowed the shares from. You do not need to pay anything extra to the lender of the shares.
That dividend payment will not be considered capital gains and you will not need to pay tax on it.
chinnick967 t1_ja5g9es wrote
Reply to Tax offset on paid dividends by bnabin51
You don't ever pay dividends, the company does.
chinnick967 t1_ja5ihcu wrote
Reply to comment by bnabin51 in Tax offset on paid dividends by bnabin51
The company pays out the dividend payments to it's stock holders, including the person you are borrowing the shares from