A new update of the Capital Dividend 1.0 software has been released.

The highlights are summarized as follows:

 

 This Folio, which may be referenced as S3-F2-C1, is effective December 16, 2016 and replaces and cancels Interpretation Bulletin IT-66R6, Capital Dividends.

 

 

As the CDA is a cumulative account it may include amounts from other tax years when the provisions of the Act regarding the CDA were different than today. Except where otherwise specifically noted, the commentary in this Folio is based on the law as it is currently written. In order to determine the amount included in the CDA in an earlier tax year, reference should be made to the law applicable to that year.

 

A new update of the Capital Dividend 1.0 software has been released.

The highlights are summarized as follows: