From: AlanBaggett@volcanomail.com   
      
   This was Jerry S. Rubin's breakdown:    
      
   The budget proposes to make changes to the non-eligible dividend regime to   
   more accurately reflect the corporate income taxes that are paid on active   
   business income and to improve tax integration. The current 25% gross-up on   
   non-eligible dividends will    
   be reduced to 18% and the current dividend tax credit rate of 13.33% of the   
   grossed-up dividend will be reduced to 11%. This effectively increases the   
   highest marginal federal tax rate on non-eligible dividends from 19.58% to   
       
   21.22%. These changes are applicable to non-eligible dividends paid after   
   2013.    
      
      
      
   On Friday, March 22, 2013 11:59:23 AM UTC-5, Alan Bowler wrote:   
   > Today's Globe makes several statements that the change to   
   >    
   > the small business (non-eligible) dividend tax credit   
   >    
   > will hurt snall business owners.  However, the Globe   
   >    
   > seemed to omit any description of exactly what the change was.   
   >    
   >    
   >    
   > So.  Does anyone know exactly how the credit is changing?   
   >    
   > I'm interested because I own some AW.UN and some of its   
   >    
   > payout is classed as non-eligible.   
      
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