background image
5.6. Qualification of Specific Income Categories for Tax Purposes

Dividend Income

Dividend includes income from shares or other rights participating in profits and distributions made by a company to its shareholders. However, the dividend does not include bonus shares and distribution of proceeds from the winding up of a company in the year of liquidation.

Interest Income

Interest includes any amount payable or receivable from debt claims of any kind.


Royalties include payments of any kind received as a consideration for the use of, or the right to use, any copyright of literary, artistic or scientific work, including cinematograph films, any patent, trademark, design or model, plan, secret formula or process, for the use of, or the right to use, industrial, commercial or scientific equipment  or for information concerning industrial, commercial or scientific experience.