{"id":32291,"date":"2006-10-31T19:13:05","date_gmt":"2006-10-31T23:13:05","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=109"},"modified":"2006-10-31T19:13:05","modified_gmt":"2006-10-31T23:13:05","slug":"ernst-young-updates-tax-calculator","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32291","title":{"rendered":"Ernst &amp; Young Updates Tax Calculator : BC"},"content":{"rendered":"<p>British Columbia <a href=\"http:\/\/www.prefblog.com\/?p=154\">announced on October 11<\/a> that the dividend tax credit would be increased; E&#038;Y has updated its <a href=\"http:\/\/www.ey.com\/GLOBAL\/content.nsf\/Canada\/Tax_-_Calculators_-_2006_Personal_Tax\">on-line Tax Calculator<\/a> to October 12<\/p>\n<p>So lets plug in some numbers for British Columbia:<\/p>\n<table border=\"1\">\n<tr>\n<td>Investors<\/td>\n<td>Taxable Income<\/td>\n<td>Marginal Rate on Interest<\/td>\n<td>Marginal Rate on Dividends<\/td>\n<td>Equivalency Factor<\/td>\n<\/tr>\n<tr>\n<td>Widows &#038; Orphans<\/td>\n<td>$30,000<\/td>\n<td>21.3%<\/td>\n<td><strong>0.00%<\/strong><\/td>\n<td>1.27<\/td>\n<\/tr>\n<tr>\n<td>Professionals<\/td>\n<td>$75,000<\/td>\n<td>37.70%<\/td>\n<td>10.20%<\/td>\n<td>1.44<\/td>\n<\/tr>\n<tr>\n<td>Plutocrats<\/td>\n<td>$150,000<\/td>\n<td>43.70%<\/td>\n<td>18.47%<\/td>\n<td>1.45<\/td>\n<\/tr>\n<\/table>\n<p>So not only are tax rates lower in BC than in <a href=\"http:\/\/www.prefblog.com\/?p=236\">Ontario<\/a>, they have a more favourable Dividend\/Income conversion ratio as well! Huh!\n<\/p>\n<p><!--4ddf768be93c46ded9783006650ea94d--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>British Columbia announced on October 11 that the dividend tax credit would be increased; E&#038;Y has updated its on-line Tax Calculator to October 12 So lets plug in some numbers for British Columbia: Investors Taxable &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-32291","post","type-post","status-publish","format-standard","hentry","category-taxation"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32291"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32291\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}