Eligible dividends

An eligible dividend is any taxable dividend paid to a resident of Canada by a Canadian corporation that is designated by that corporation to be an eligible dividend. A corporation's capacity to pay eligible dividends depends mostly on its status.

Forms and Publications

• Form T2002, Election, or Revocation of an Election, Not to Be a Canadian-Controlled Private Corporation
• Schedule 53, General Rate Income Pool (GRIP) Calculation
• Schedule 54, Low Rate Income Pool (LRIP) Calculation
• Schedule 55, Part III.1 Tax on Excessive Eligible Dividend Designations

Date modified:

2017-02-21