Tax Integration

The Canadian tax system is based on the principle of integration. The following should attract the same tax:

  1. income earned by a corporation and distributed to shareholders as dividends, and
  2. earning the income directly

{personal tax + corporate tax} is approximately equal to {tax the shareholder would pay by earning income directly}

Dividend Tax Credit System

Most taxable dividends received by individuals are eligible for a tax credit to adjust for tax already paid by the corporation.

PS Network

Market Better
twitter.png Twitter
blogger.png Blog
marketingreflections.png Newsletter
Spark Insight
website.png Website
Grasp Risk
twitter.png Twitter
blogger.png Blog
website.png Podcast
website.png Website
Tame Risk
website.png Taxevity
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License