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Alberta Maintains Provincial Tax Rate on Non-Eligible Dividends in 2014 

Canadian Tax Adviser


January 07, 2014


The Alberta Treasury Board and Finance recently announced that the 2014 provincial tax rate on non-eligible dividends will remain unchanged at 2013 levels. To achieve this result, Alberta's dividend tax credit on non-eligible dividends will decrease to 3.1% (from 3.5%). Alberta's combined federal and provincial top marginal tax rate on non-eligible dividends will therefore increase to 29.36% in 2014 (from 27.71% in 2013). This increase in the tax rate on non-eligible dividends is due solely to the increase in the federal tax rate applicable to non-eligible dividends.

The combined federal/Alberta top marginal tax rate on non-eligible dividends and eligible dividends for 2013 and 2014 are summarized below.



For more information, contact your KPMG adviser.






Information is current to January 07, 2014. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500


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