For the non eligible dividends - are there any differences with the gross up multiplier or the dividend tax credit percentage number with respect to the province or are these the consistent values to use across Canada, regardless of the province?
The gross-up factor does not change by Province. However, the rate of the dividend tax credit varies by province. See www.taxtips.ca/dtc/eligible-dividends/eligible-dividend-tax-credit-rates.htm#google_vignette
Thank you for this video!!
thank you for this video
Thank you for the supprt.
Information makes sense, thank you.
You're welcome.
Happy to help!
Wait a minute, if you make over $500,000 in dividends you ONLY report to line 24, 25 and 26. Right?
For the non eligible dividends - are there any differences with the gross up multiplier or the dividend tax credit percentage number with respect to the province or are these the consistent values to use across Canada, regardless of the province?
The gross-up factor does not change by Province. However, the rate of the dividend tax credit varies by province. See www.taxtips.ca/dtc/eligible-dividends/eligible-dividend-tax-credit-rates.htm#google_vignette