Can a deduction in respect of tax paid by companies be made from dividends payable by the companies to individuals under certain enactments?
Yes, a deduction in respect of tax paid by companies can be made from dividends payable by the companies to individuals under certain enactments. This is because the context states that "no deduction in respect of the tax paid by companies is, by any enactments which may apply to the tax, authorised to be made from dividends payable by the companies to individuals."