New Brunswick Dividend Tax Credit

Amount:

No Fixed Amount

Type of Program:

Tax Credit

Description:

The New Brunswick Dividend Tax Credit is a non-refundable personal income tax credit.

Comments on Funding:

The tax credit offers two rates:

1
14% for eligible dividends, as defined by the federal government, paid from corporate income taxed at the general corporate income tax rate;
2
2.75% for dividends paid from income taxed at the small business rate.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must have received dividends:

Application Steps:

No specific steps have been identified.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Tax credit for business shareholders.

Program Contact:

The New Brunswick Dividend Tax Credit

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