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…
Tax Year 2019 – Preparing & filing your Individual Income Tax Returns
Deadline The deadline for most individuals to file their 2019 tax return and for all individuals to pay any amounts due is April 30, 2020. Self-employed For those who are self-employed, or who have a spouse or common-law partner who…