Is the dividend tax credit a company receives for having paid a dividend considered income or addition to equity?
A company doesn’t get a dividend tax credit for dividend income. It also has no bearing on the company when it pays a dividend. The dividend tax credit is applicable to the individual recipient of the dividend.
If you mean the dividend refund (not credit) then it is an equity adjustment, not income. Just as paying the refundable tax was an equity adjustment not an expense.
Yes I did mean refund. Thanks for clarifying
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