Monthly Archives: October 2016

• Non-Eligible (Small Business) Dividend Tax Credit (DTC)

  Posted on October 3, 2016 by admin in Blog Category.

  The gross-up and dividend tax credit are applicable to individuals, not corporations. Non-eligible dividends, also known as regular, ordinary, or small business dividends, are any dividends issued by a Canadian corporation, public or private, which are not eligible for the enhanced dividend tax credit. The non-eligible dividend tax credit rate is used for dividends received […]

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• Enhanced Dividend Tax Credit

  Posted on October 3, 2016 by admin in Blog Category.

  The gross-up and dividend tax credit are applicable to individuals, not corporations. There is an enhanced dividend tax credit for eligible Canadian dividends received by individuals after 2005 from: public corporations resident in Canada other corporations resident in Canada that are not Canadian-controlled private corporations (CCPCs) and are subject to the general corporate tax rate […]

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