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Old 03-02-2010, 09:29 AM   #35
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Shazam View Post
Er, because they are?

The dividend tax credit is in place to stop this from happening though...in other words the corporation pays tax and then your taxes as the reciepient of the dividend income are reduced (in effect) to accommodate that fact.
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