Daily Archives: June 11, 2020

Eligible Dividend Designations – Let’s Change the Default Rule for Public Corporations and their Subsidiaries

  Some of the annoying complexity of our tax system stems from how we integrate corporate taxes and personal taxes when a corporation pays a dividend to an individual shareholder.  Our integration system grosses up the dividend (to reflect the assumed amount of income earned by the corporation before its corporate taxes), applies the personal […]