Tax reference
Dividend Tax Assumptions
Eligible and other-than-eligible dividend gross-up and dividend tax credit assumptions used by OpenBook Planning tax calculators.
Current data snapshot
Dividend gross-up and federal credit rates
Plain-language context
What this reference means
Canadian taxable dividends are generally grossed up before tax is calculated. A dividend tax credit is then applied to reflect corporate tax already paid before the dividend was distributed.
Eligible and other-than-eligible dividends use different gross-up and credit rates. Provincial and territorial credit rates also differ, so these values are key inputs for dividend tax estimators.
Reference tables
Provincial and territorial dividend tax credit rates
Notes and assumptions
Dividend tax values are maintained with the source values for this reference.
Sources
These links identify the government sources relevant to the dividend rules shown above. Source information and rules can change.
- Source links are maintained with this reference.