By next March 17 (as the 16th falls on a Sunday), corporations that paid out profits and similar income during 2024 are required to issue the certification using the CUPE form.
As a reminder, for the purpose of taxation of dividends received by individuals, as of 2018 the legislation equated “qualified” holdings (i.e., those above 20%) with “nonqualified” holdings (up to 20%). Therefore, if the distribution resolution concerned the following: