Income Dividend from Canadian corporation
Lets say you make $100 dividend income from Canadian Corporation,
The formula will gross-up 25% and become taxable dividend
Federal tax: 29% ( $36.25 )
Federal tax credit 13.33% ( $16.67 )
Total Federal tax payable $36.25 - $16.67 = 19.58
Provincial tax: 11.16% ( 13.95 )
Provincial tax credit: 51.3% ( 6.41 )
Total Provincial tax payable: 7.54
Total taxpayable = 27.12
Capital Gain,
50% of the net gain will be taxable
e.g. If you buy a stock @10 and sell it @20, then you make $10, and $5 will be tax at your marginal tax rate
正常的买卖是跟Capital Gain一样
Interest income: 100% taxable
Foreign Income: 跟Interest income一样,100% taxable