The Dividend Series – Dividend, Investment Income & Taxation – Part A
We will commence with some key definitions for a better understanding of the contents. Ask any Canadian what a dividend is and, if they don’t know, they’ll at least say it’s something positive. For the most part, they’d be right. Dividends are distributions of a corporation’s…
The dividend series – Dividends, Investment Income & Taxation – Part B
For taxation years beginning after December 31, 2018, all Canadian controlled private corporations (CCPCs) earning investment income must consider a new set of complex rules relating to their refundable dividend tax on hand (RDTOH) balances.
The dividend series – Dividend, Investment Income and Taxes – Part C
The Federal Dividend Tax Credit in Canada If you are a shareholder in a Canadian corporation, you may earn dividend income, which should be reported on your tax return. Typically, you also may be eligible to receive the federal dividend…