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Toni's marginal federal tax rate is 26%. She lives in a province where her provincial marginal tax rate is 14.5%, and the provincial dividend tax
Toni's marginal federal tax rate is 26%. She lives in a province where her provincial marginal tax rate is 14.5%, and the provincial dividend tax credit is 31.9% of the dividend gross up. If Toni receives an eligible dividend of $19,873 from a Canadian public corporation in 2019, how much will she pay in income tax?
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