Tax reference

Dividend Tax Assumptions

Eligible and other-than-eligible dividend gross-up and dividend tax credit assumptions used by OpenBook Planning tax calculators.

Tax year: 2026 Tax reference Source-linked Annual source check

Current data snapshot

Dividend gross-up and federal credit rates

Eligible dividend gross-upSource data

Eligible federal creditSource data

Other-than-eligible gross-upSource data

Other-than-eligible federal creditSource data

Plain-language context

What this reference means

Canadian taxable dividends are generally grossed up before tax is calculated. A dividend tax credit is then applied to reflect corporate tax already paid before the dividend was distributed.

Eligible and other-than-eligible dividends use different gross-up and credit rates. Provincial and territorial credit rates also differ, so these values are key inputs for dividend tax estimators.

Reference tables

Provincial and territorial dividend tax credit rates

Notes and assumptions

Dividend tax values are maintained with the source values for this reference.

Sources

These links document the official sources used for this reference. Jurisdiction-specific rates require review before the review marker is removed.

Source links are maintained with this reference.