Top rate in Ontario on a capital gain is 23.2% for taxable income under $500,000. A touch more over that due to the "super Ontario tax" for high incomes.
It will be a long time before we look at dividends from POET, and if they are NASDAQ listed then this is treated as foreign income, not really different than interest income and taxed at 46.4% at the top rate.
Graduated rate system in Canada - charts and rates all over the internet....
Those of you with older children and grandchildren have some awesome tax planning opportunities available before the price explosion through a family trust structure. Need to seek professional help for that one as everyone's situation is different, and all i's must be dotted and t's crossed properly, or it does not work.
Jimbo444
