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Posted Sat, 19 Oct 2024 08:54:07 GMT by Joe Lam
I have shares in a Hong Kong listed company, its business included investment in other Hong Kong listed companies. Last year, it declared dividend to distribute some of its holdings in these listed companies. I received such shares in other list companies as dividends, please advise how to report such foreign dividend, thanks.
Posted Fri, 25 Oct 2024 16:37:09 GMT by HMRC Admin 20 Response
Hi,
Please refer to Tax on foreign income
Thank you.
Posted Fri, 25 Oct 2024 18:40:07 GMT by Joe Lam
Thanks for your reply. I believe that the foreign (Hong Kong) listed shares received should be considered as foreign dividend income. The problem is that how to quantify the amount of that dividend income? As there is no dividend voucher received with the value stated on it, and there is no cash option available. Is it appropriate that the number of shares received multiplied by the closing market price of that shares on the day the stock dividend received? Please advise, thanks.
Posted Fri, 01 Nov 2024 12:18:32 GMT by HMRC Admin 19 Response
Hi,
You would need to check with the payer of the dividends.
Thnk you.

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