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You own 100 shares of a publicly traded Canadian Corporation. The corporation cars $5.00 per share before laxes. Once the corporation has paid any corporate
You own 100 shares of a publicly traded Canadian Corporation. The corporation cars $5.00 per share before laxes. Once the corporation has paid any corporate laxes that are due, it will distribute the rest of its earnings to its shareholders in the form of a dividend. If the corporate tax rate is 40% and your personal tax rate on (both dividend and non-dividend) income is 30%, then how much money is left for you after all taxes have been paid? O A $210 B. $300 OC. $350 OD. $500
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