EP107: Are dividends taxed less?

In this episode, we break down how dividends are taxed in both the US and Canada. We’ll compare the tax rates for dividends with those for capital gains and income, giving you a clearer understanding of how these income streams are treated by the tax authorities.

I’ll also cover the following key topics:
- What are dividends, and why do they matter?
- How retirement accounts work in Canada
- A look at Canadian tax rates and how they impact you
- How you could earn $70K per year in dividends in BC and pay no income tax
- The ins and outs of retirement accounts in the US
- A breakdown of US tax rates and what they mean for your wallet

Whether you’re a Canadian or an American, understanding how dividends are taxed can help you make smarter financial decisions. Tune in to get the facts and learn strategies that can potentially save you money.

Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Simply Investing Incorporated nor the author and guests shall be liable for any loss of profit or any commercial damages, including but not limited to incidental, special, consequential, or other damages. Investors should confirm any data before making stock buy/sell decisions. Our staff and editor may hold at any given time securities mentioned in this video/course/report/presentation/app. The final decision to buy or sell any stock is yours; please do your own due diligence. Stock buy or sell decisions are based on many factors including your own risk tolerance. When in doubt please consult a professional advisor. No advice on the buying and selling of specific securities is provided. All trademarks, trade names, or logos mentioned or used are the property of their respective owners. For our full legal disclaimer, please visit our website.