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Leena's marginal federal tax rate is 29%. She lives in a province where her provincial marginal tax rate is 13.6%, and the provincial dividend tax
Leena's marginal federal tax rate is 29%. She lives in a province where her provincial marginal tax rate is 13.6%, and the provincial dividend tax credit is 31.7% of the dividend gross up. If Leena receives an non-eligible dividend of $23,960 from a Canadian controlled private corporation in 2019, how much will she pay in income tax?
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