Field help:
Notional foreign taxes (line 42 of Form KAP)
Notional foreign taxes (line 42 of Form KAP)
Enter any notional foreign withholding taxes that are considered for tax credit purposes under certain double taxation agreements (DTAs) or the Investment Tax Act, even though no tax was actually withheld abroad.
The amount is entered in line 42 of Form KAP.
Example: A DTA allows a notional withholding tax of 10% to be credited for certain foreign income from a fund, even though no actual tax was withheld. For income of 1.000 Euro, this results in a notional tax of 100 Euro. Enter 100 Euro here.
