Examlex
According to the Golden Rule of Selling,a plan should primarily be based upon:
Total Tax
The comprehensive sum of all taxes a person or entity is liable to pay, including federal, state, local, and other forms of taxes.
Provincial Tax Brackets
The divisions at which tax rates change in a progressive tax system within specific provinces or territories.
Non-Eligible Dividends
Dividends that do not qualify for the dividend tax credit in certain jurisdictions, typically paid by companies that pay tax at a rate that is lower than the standard corporate tax rate.
Capital Gains
The profit earned from the sale of an asset or investment, which is the difference between the selling price and the purchase price.
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