Does an individual who lives in Alberta and receives a $100 dividend obtain the same tax reduction from the dividend tax credit as an individual who resides in New Brunswick Explain ...

An individual in Alberta will not receive the same tax reduct ...

Does an individual who lives in Alberta and receives a $100 dividend obtain the same tax reduction

Question:

Does an individual who lives in Alberta and receives a $100 obtain the same tax reduction from the tax credit as an individual who resides in New Brunswick? Explain.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...