SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike K who wrote (11610)10/22/2010 2:53:03 PM
From: Goldberry   of 11633
 
Keep in mind that the DTC (dividend tax credit) is an important component of dividend income in investing for Canadians.

For example an individual living in Ontario earning $41000 a year from eligible Can dividend income plus CPP of $6000. would pay only $600 in taxes and this is I believe primarily due to the Ontario Health tax which is unavoidable.

Say the individual earned $20000 in dividends not eligible for the DTC and $21000 that were they would owe taxes of $3950.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News