In this version...

 

1. Version highlights

   New tax rate on eligible dividends for tax year 2019
   

   The Quebec dividend tax credit rate has been reduced from 11.86% to 11.78% for dividends received for tax year 2019.

   New tax rate on dividends other than eligible dividends for tax year 2019
   

   The federal gross-up factor on dividends other than eligible dividends has been decreased from 16% to 15% of the dividends received for tax year 2019. The related federal tax credit rate has also been reduced from 10.0313% to 9.03%.

   The Quebec government has also announced the harmonization of its gross-up factor with that of the federal. However, the Quebec tax credit rate has been reduced from 6.28 % to 5.55%.

2. Revised forms

   Forms for tax year 2018
   Slips and summaries
   Federal
   T4A-RCA Summary	New form version from the CRA
   T5	New form version from the CRA
   T5 Summary	New form version from the CRA
   T5008	New form version from the CRA
   Federal forms
   GST66	New form version from the CRA
   RC7066SCH	New form version from the CRA
   T1-OVP	New form version from the CRA
   T1E-OVP	New form version from the CRA
   Forms for tax year 2019
   Slips and summaries
   Quebec
   RL-1.T	New form version from Revenu Québec
   RLZ-1.ST	New form version from Revenu Québec
   LE-39.0.2	New form version from Revenu Québec

 

 

January 31, 2019