Eligible vs Non-Eligible Dividends

If you’re paying yourself dividends from your corporation, should it be classified as eligible dividends or non-eligible (aka ineligible) dividends?

These two dividends can be for the same cash amount but create very different tax results.

In this in-depth blog post we cover:

• Difference between Eligible vs Non-Eligible Dividends

• What determines a dividend to be “Eligible”

• How to pay the right type of dividend, step-by-step

• Common mistakes we see (and what they cost)

• Planning notes for owner-managers

• …and more!

Let’s dive in!

Thank You For Reading. See You Next Time!

Think Team🙏