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kishgul
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Hi,

came across this forum and I have a question if it’s okay to make a late entry and please excuse my ignorance.

 

My question is with regards to the T3 dividend income received by a corporation, I understand that on Schedule 3 the amount taken is from Box 49 or Box 23 as applicable and before the gross up, but what about on S 125, does the dividend amount to be considered is from Box 32 or 50, the grossed up taxable amount?

 

Appreciate your input.

 

Thanks.