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on the summary page so you can easily 1 8 Arthur earned $ 1 4 , 0 0 0 in dividends from a taxable, Canadian

on the summary page so you can easily
18
Arthur earned $14,000 in dividends from a taxable, Canadian public corporation. He has a federal marginal tax rate of 29% and a provincial marginal tax rate of 19.7%. The federal dividend tax credit is 15.02% and he lives in a province where the provincial dividend tax credit is 6.60%. How much of the dividends recelved by Arthur will he retain after-tax?
a) $5,232
b) $8,768
c) $11,299
d) $2,287
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