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PARTA During 2019, Mr Franz Schlitz receives $23,500 in eligible dividends from Canadian public corporations His income is such that this additional amount will be

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PARTA During 2019, Mr Franz Schlitz receives $23,500 in eligible dividends from Canadian public corporations His income is such that this additional amount will be tuxed at a 29 percent federal rate and a 14 percent provincial rate. On eligible dividends, the province has a dividend tax credit equal to 25 percent of the gross up Determine the total federal and provincial tax that will be playable on these dividends and his after tax retention (Mark) PARTB Mr Martin Pabstons publicly traded shares which during 2019 paid eligible dividends of $10200 His income is such that this additional amount will be taxed at a 33 percent federal rate and a 15 percent provincial rato The provincial tax credit on eligible dividends is equal to 29 percent of the gross up Determine the total federal and provincial tax that will be payable on these dividends and his atter tax retention (3 Marks) For the toolbar prest ALT+F10 (PC) ALT+FN4F10 (Mac) B 15 Paragraph Arial 14px 11 PARTA During 2019, Mr Franz Schlitz receives $23,500 in eligible dividends from Canadian public corporations His income is such that this additional amount will be tuxed at a 29 percent federal rate and a 14 percent provincial rate. On eligible dividends, the province has a dividend tax credit equal to 25 percent of the gross up Determine the total federal and provincial tax that will be playable on these dividends and his after tax retention (Mark) PARTB Mr Martin Pabstons publicly traded shares which during 2019 paid eligible dividends of $10200 His income is such that this additional amount will be taxed at a 33 percent federal rate and a 15 percent provincial rato The provincial tax credit on eligible dividends is equal to 29 percent of the gross up Determine the total federal and provincial tax that will be payable on these dividends and his atter tax retention (3 Marks) For the toolbar prest ALT+F10 (PC) ALT+FN4F10 (Mac) B 15 Paragraph Arial 14px 11

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