High-income investors face an additional tax on dividend income. The Net Investment Income Tax adds 3.8% to your effective tax rate on dividends and capital gains if your modified adjusted gross ...
If you own dividend-paying stocks in a taxable brokerage account, there’s a good chance you’ll owe taxes on that income. The good news is that qualified dividends are taxed at lower rates than ...
Foreign dividends are not eligible for the dividend tax credits — there are no favourable tax breaks. In fact, the tax treatment is identical to both U.S. dividends and Canadian interest income; the ...