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To: Land Shark who wrote (71550)2/18/2011 4:31:56 PM
From: Mario :-)  Read Replies (2) | Respond to of 233807
 
So, if for every profit, you pay corporate tax (18%) and then you pay yourself out through dividend, you need to pay taxes on the dividend gain, correct? Another 15% (?) on top of 18% - did I get this right. Wouldn't this translate into a little high tax rate?

Just trying to understand/learn. Btw, are you talking for USA or Canada?