| |
Interest |
Capital
Gains |
OLD
Canadian
Dividends
Current |
NEW
Canadian
Dividends
Proposed |
| Cash Earned |
$100 |
$100 |
$100 |
$100 |
| Inclusion Rate |
100% |
50% |
125% |
145% |
| Taxable Income Reported |
$100 |
$50 |
$125 |
$145 |
| Tax at 46.41% |
46 |
23 |
58 |
67 |
| Dividend Tax Credit |
n/a |
n/a |
(27) |
(46) |
| Net Tax Payable |
46 |
23 |
31 |
21 |
| Net Income |
$54 |
$77 |
$69 |
$79 |
| Tax Rate |
46.41% |
23.21% |
31.34% |
20.89% |
|
|
Questions
on
Segregated Funds |
| Contact: Ivon T. Hughes
Tel:
514-842-9001
Fax: 514-842-1085
Toll Free: 877-842-3863
Email: Ivon T. Hughes
Website: Segfunds.com
The
Hughes Trustco Group
1405 Bishop Street
Suite 216
Montreal, Canada
H3G2E4
|
|
