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Yakk · 02-24-2005, 03:05 PM

I believe he mislabelled.

What he calls "provincial tax" is "federal+provincial tax". Taxes on dividends and capital gains are much lower. Capital gains on your principle residence are tax free.

edit: addition
Someone earning 114,000 CN$ in normal income would take home 81228.72. (I don't know if UI/CPP/HC is included in the above numbers).

02-24-2005, 03:05 PM	#65 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	I believe he mislabelled. What he calls "provincial tax" is "federal+provincial tax". Taxes on dividends and capital gains are much lower. Capital gains on your principle residence are tax free. edit: addition Someone earning 114,000 CN$ in normal income would take home 81228.72. (I don't know if UI/CPP/HC is included in the above numbers). __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest. Last edited by Yakk; 02-24-2005 at 03:08 PM..