The company will pay a dividend of not less than 30% of net profit after all legal deductions. As IVL receives most of its revenues in the form of dividends from subsidiaries, the company is required under Thai Revenue Code to deduct withholding tax on dividends to its shareholders, with the following exceptions:
Note that shareholders are not allowed to claim a refund of their withholding tax from the Thai Revenue Department because the dividend has been paid out of the non–taxable income of IVL.