Bullboard - Stock Discussion Forum Timbercreek Financial Corp T.TF

Alternate Symbol(s): TBCRF | T.TF.DB.D | T.TF.DB.E | T.TF.DB.F

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as an alternative asset class investment manager. The investment objective of the Company is to secure... see more

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Timbercreek Financial Corp > Dividends

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Post by retired234 on Jan 26, 2021 3:29pm

Dividends

Can anyone explain to me why Timbercreek dividends are taxed as interest income and therefore higher taxation rate as compared to most dividends that are eligible for the dividend tax calculation method for taxation ?

Thank you

GLTA

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Comment by bcsc on Jan 27, 2021 11:04am

The diviidends elligible for the dividend tax credit have already been taxed at the coporate level, hence the existence of the tax "credit". Mortgage investment corporations are not taxed and essentially all profits flow through to shareholders who bear the full tax burden.. This is advantageous in a registered account since tax is avoided at both the coporate and individual level. ...more

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