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In 2 0 2 3 , Ms . Ellen Holt resides in a province and receives $ 1 5 , 0 0 0 in eligible
In Ms Ellen Holt resides in a province and receives $ in eligible dividends
from taxable Canadian corporations TCCs Her income is such that these dividends will be
subject to her personal marginal income tax rate of federally and provincially.
Her provincial dividend tax credit for eligible dividends is equal to of the gross up
Determine the total federal and provincial income tax that will be payable on these dividends
and her aftertax retention
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