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5.6. Qualification of Specific Income Categories for Tax Purposes


Dividend includes distribution by a company in money or in property and any benefit provided to shareholders in their capacity as shareholders, including:

  • any tangible or intangible assets;
  • shares in the company;
  • discounts on any purchases from the company;  
  • loans to shareholders; and  
  • the use of any property of a company.


Rent received in money or otherwise from renting or leasing of immovable property used for commercial, industrial and other economic purposes is subject to income tax. Taxation of agricultural lands, gardens, and livestock together with their income are taxed by separate laws.