Mr. Karim bought 100 shares of Beximo Pharmaceutical Limited (BPL) last year at Tk. 80 each. The share is currently trading at Tk. 100 each. The company declared Tk. 10 a share dividends recently. Mr. Karim has to pay 30% Tax on his income.
Calculate Mr. Karim's after-tax dividend from BPL.
b. Now assume that BPL did not declare any dividends. Mr. Karim realized Tk. 10 a share by selling a part of his holding of BPL shares as homemade dividends. If capital gains is taxed at 30%, find out what would be Mr. Karim's after-tax homemade dividends.