Note 7: Taxation

for the six months ended September 30, 2009

  Restated
30 September
2009
30 September
2010
  Rm Rm
Taxation 3,700 830
South African normal company taxation 2,068 586
Deferred taxation 721 86
Secondary Taxation on Companies ('STC') 911 156
Foreign taxation - 2
Included in the current period's normal company taxation and deferred taxation expense is capital gains tax of RNil (30 September 2009: R1,345 million) and a reversal of RNil million (30 September 2009: R421 million) relating to the deferred taxation asset on the investments which where held for sale.    
STC is provided for at a rate of 10% on the amount by which dividends declared by Telkom exceeds dividends received.    
Included in the STC for the comparative period is the impact of the Vodacom transaction dividend.