Zabad is 33 years old. He is married to Zared. Zared is 26 years…

Question Answered step-by-step Zabad is 33 years old. He is married to Zared. Zared is 26 years… Zabad is 33 years old. He is married to Zared. Zared is 26 years old. During the current year of assessment Zabad earned the following income: foreign dividends of R72 000 from a foreign company in which he holds 12% of total equity shares and voting rights, dividends from a South African company of R30 000 and foreign dividends of R30 000 from a foreign company in which he holds 2% of total equity shares and voting rights. During the current year of assessment Zared had the following income: foreign dividends of R30 000 from a foreign company in which she holds 2% of total equity shares and voting rights. Zabad and Zared are married out of community of property. YOU ARE REQUIRED to calculate the total amount that will be exempt from Zared’s taxable income during the current year of assessment.a.R67 667  b.R30 000  c.R16 667  d.R81 000    Law Social Science Tax law TAX 1501 Share QuestionEmailCopy link Comments (0)