To Calculate the Taxes Owing on Dividends Received from Canadian

To calculate the taxes owing on dividends received from Canadian corporations,investors must undertake the following calculations:

A) Gross up the dividend received; apply this amount to their marginal tax rate; and received the federal and provincial dividend tax credit.
B) Gross up the dividend received; apply this amount to their marginal tax rate; and received the federal tax credit.
C) Gross up the dividend received; apply this amount to their average tax rate; and received the federal and provincial dividend tax credit.
D) Apply the amount of the dividend received to their marginal tax rate and received the federal and provincial dividend tax credit.
E) Apply the amount of the dividend received to their average tax rate and received the federal and provincial dividend tax credit.