My understanding is that the tax is 10% with no adjustment to dividend tax credit but that the tax is refundable to all Canadian residents. So effectively the tax is only on distributions to non-residents.
Liberal
John McCallum Liberal Markham—Unionville, ON
My understanding is that the tax is 10% with no adjustment to dividend tax credit but that the tax is refundable to all Canadian residents. So effectively the tax is only on distributions to non-residents.
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