How Much Tax do you Pay on Dividends in Canada?
Investing implies having an idea of what awaits you in the whole process, but also an assumption of what your obligations will be in the whole process. So, for example, some people know, but some of them do not know what a dividend is, and whether a tax is paid for it or there is no need to pay tax for dividends. Did you know that Canadian companies pay no taxes on their share distributions? The company only pays income tax on its profits. This means that shareholders do not have to pay income tax even though they receive cash
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