US Law Videos .com
Helping you understand American law through
video, books, links, forms, and more ...

(195 videos)

Canada Directors Resolution to Declare Safe Income Dividend

Prepare a Directors Resolution to declare a safe income dividend for a Canadian corporation with this ready-made template.

The corporation's directors declare a 'safe income' dividend pursuant to the Income Tax Act (Canada) on a specified class of shares.
Payment of the dividend is conditional upon the shareholders' undertaking to repay their pro rata share of the dividend if the total cumulative dividend exceeds the 'safe income' as determined by the corporation's accountants.

This Canada Directors Resolution to Declare Safe Income Dividend template is a downloadable and fully editable MS Word file.

Download: Canada Directors Resolution to Declare Safe Income Dividend

Related Forms:

Related Categories:

NOTICE: The information and links contained on this web page are intended only to be merely informative and are NOT intended to provide legal advice to any person/entity. Never rely solely on the information contained on this web site or on any third-party web site. Information and/or links may not apply or be appropriate to your situation and/or may be out of date. Any person with a specific legal question or legal problem should always consult with and seek the advice of a qualified lawyer. E.&O.E. Legal disclaimer

Canadian Law Resources:

www.USLawVideos.com (14-Apr-2018) E.&O.E.