Government of New Brunswick
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The New Brunswick Dividend Tax Credit is a non-refundable personal income tax credit.

Effective for dividends paid after December 31, 2015 and before January 1, 2017, the New Brunswick Dividend Tax structure is as follows:

  • Eligible dividends, as defined by the federal government, paid from corporate income taxed at the general corporate income tax rate receive a New Brunswick Dividend Tax Credit of 13.5%.
  • Dividends paid from income taxed at the small business rate receive a 3.625% New Brunswick Dividend Tax Credit.

Effective for dividends paid on or after January 1, 2017, the New Brunswick Dividend Tax structure is as follows:

  • Eligible dividends, as defined by the federal government, paid from corporate income taxed at the general corporate income tax rate receive a New Brunswick Dividend Tax Credit of 14%.
  • Dividends paid from income taxed at the small business rate receive a 3.245% New Brunswick Dividend Tax Credit.