Home -> Personal Tax -> Dividend tax credits ->
Tax Rates -> Tax comparison -> Tax Comparison Dividends vs Interest
Tax Comparison of Dividends vs Interest
The tax comparison tables show the total income taxes payable or refundable at various levels of investment income for each province and territory. Three different types of investment income are compared:
The calculations assume that the income is earned by a single person, and that there is no other type of income included in taxable income. The total taxes payable include any alternative minimum tax, where applicable.
To see the tax results for your own income situation for the current year, and how it would change if the type of investment income changes, use our Income Tax Planning Calculators.
TaxTips.ca Tax Comparisons
Tax Comparisons of Canadian Eligible Dividends vs Other Income for Seniors, which compares 2 different levels of Canadian eligible dividends vs other income (interest, foreign dividends, etc.) for seniors who are receiving OAS, CPP, and some eligible pension income. The increase in taxes payable for other income is shown.
Tax Comparisons Employment Income, which compare different levels of employment income, for all provinces/territories, both for a single person and for a family.
Revised: September 18, 2022
Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved. See Reproduction of information from TaxTips.ca