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Vasu is a little confused as to how various investment incomes are taxed. In 2 0 2 3 , Vasu lives in Ontario and is

Vasu is a little confused as to how various investment incomes are taxed. In 2023, Vasu lives in Ontario and is in a 30% average tax rate (combined Federal and Ontario). He received the following amounts which are all in Canadian dollars:
Canadian eligible dividends of $100
Foreign dividends of $100
Interest of $100
Capital gains of $100
a) Calculate the taxes payable on each of Vasus investment incomes and calculate his net investment after taxes (i.e. how much he keeps after paying taxes). Use Table D for the Canadian Eligible Dividend calculation.
Taxes payable calculation Net investment after taxes
Canadian eligible dividend taxes payable after Dividend Tax Credit (.5 marks)
(.5 marks)
Foreign dividends (.5 marks)
(.5 marks)
Interest (.5 marks)
(.5 marks)
Taxable capital gains (.5 marks)(.5 marks)

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