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In 2020, Mango Inc. earned $150,000 of pre-tax income. The tax rate for the company is 13% The se received all of the net earnings
In 2020, Mango Inc. earned $150,000 of pre-tax income. The tax rate for the company is 13% The se received all of the net earnings in the form of a non-eligible dividend during the year. The shareholder tas & pe tax rate of 50%. Supposing the shareholder is entitled to a total (federal provincial) dividend tax and equd to $20,000, what is the net personal tax liability on the dividend (gnoring all other tax implication? Rond zero decimal places.) amber to
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