English translation: distributable reserves not subject to withholding tax
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:
franchise de precompte
distributable reserves not subject to withholding tax
tekki United States Local time: 10:03 Specializes in field Native speaker of: French PRO pts in category: 11
Many thanks to all for your valuable help.
13 hrs confidence:
net of withholding tax
"Some dividends may be received **net of withholding tax**, deducted at source in the country of origin."
OR after (deduction of) withholding tax
(after Withholding Tax)"