As a Sanlam shareholder resident in Namibia, you are entitled to a reduced rate of Dividends Tax.
Namibia and South Africa have entered into a double taxation agreement. This agreement means that Namibian shareholders are liable for a Dividends Tax rate of 15% and not the 20% South African rate which has been deducted from your dividends.
If you would like to claim the difference of 5%, the letter below will explain how you can proceed. You will also find the Dividends Tax Beneficial Owner Declaration and the FATCA-CRS Self Certification forms referred to in the letter below. To simplify the process, you can complete the forms online but will need to print them so that you can sign. You can scan the completed forms and email them to firstname.lastname@example.org or post them to us:
Computershare Dividends Tax
PO Box 61051