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| Dividend Tax Credit Home / About Ontario's Tax and Benefi... / Credits, Benefits and Incentiv... / Dividend Tax Credit / The Ontario government will introduce legislation that would, if approved, create a new, enhanced dividend tax credit for Ontarians investing in Canadian corporations. Ontario proposes to parallel the new federal gross-up and introduce a second, higher tax credit for eligible dividends, to be phased in over five years - starting at 5.13 per cent and growing to 7.7 per cent by 2010. The changes would apply to eligible dividends received on or after January 1, 2006. See also:  |
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