The federal dividend tax credit cannot be claimed if you receive:

Name: The federal dividend tax credit cannot be claimed if you receive:
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The federal dividend tax credit can be claimed for eligible dividends, non-eligible dividends, and stock dividends, but not for capital dividends. Capital dividends are paid out of a corporation's capital dividend account and are received tax-free by the shareholder in Canada, hence no tax credit is applicable.

The Federal Dividend Tax Credit Cannot Be Claimed If You