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For more information about our organization, please visit ey.com. Ernst & Young Global Limited, a UKĬompany limited by guarantee, does not provide services to clients. In so doing, we play a critical role in building a better working world for our people, for our clients and for ourĮY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Weĭevelop outstanding leaders who team to deliver on our promises to all of our stakeholders. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. All rights reserved.ĮY | Assurance | Tax | Transactions | AdvisoryĮY is a global leader in assurance, tax, transaction and advisory services. This assumption is consistent with prior year rates. Where the dividend tax credit exceeds the federal and provincial tax otherwise payable on the dividends, the rates do not reflect the value of the excess credit that may be used to offset taxes payable from other sources of income. Eligible dividends are those paid by public corporations and private companies out of earnings that have been taxed at the general corporate tax rate (the dividend must be designated by the payor corporation as an eligible dividend).
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* The rates apply to the actual amount of taxable dividends received from taxable Canadian corporations.
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To determine the value of other non-refundable tax credits that may be available, as well as to find out more information on provincial health premiums and other levies, see the individual rate cards. Provincial health premiums and other levies are also excluded from the tax payable calculations. These calculations do not include non-refundable tax credits other than the basic personal tax credit.
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