It's to prevent them from over-designating their dividends as being dividends eligible for the high-rate dividend tax credit.
On December 5th, 2006. See this statement in context.
On December 5th, 2006. See this statement in context.
December 5th, 2006 / 11:20 a.m.
Director, Tax Legislation Division, Tax Policy Branch, Department of Finance
It's to prevent them from over-designating their dividends as being dividends eligible for the high-rate dividend tax credit.
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