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    Directors Resolution Declaring Capital Dividend | Canada

    $2.29

    Declare a capital dividend for a Canadian business corporation with this template Directors Resolution form.

    • For tax purposes, it's important that all resolutions are properly passed and actions taken at the correct times.
    • The Board of Directors declares the capital dividend on a specific class of shares.
    • The corporation makes an election under Section 85 of the Income Tax Act (Canada). The dividend does not become payable until the election is made.
    Download Type: Microsoft Word
    Last Updated: 12-January-2021
    SKU: 542