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A T5 Slip Does Not Automatically Result in Taxable Income
Tax Court finds No Dividend Received Through Income-Splitting Scheme Trower v. HMQ 2019 TCC 77 Trower Decision Summary CRA assessed Ms. Trower to include a taxable dividend in the amount of $58,900 in 2016 because she received a T5 issued by a Cove BD Inc. (“Cove”). The Tax Court found that she did not receive any dividends, and