TELUS April 1, 2007 dividends eligible for new tax system
Vancouver, B.C. – TELUS Corporation (“TELUS”) today designated the following portion of dividends payable April 1, 2007 as eligible dividends defined by Subsection 89(1) of the Income Tax Act. Under this legislation individuals resident in Canada may be entitled to enhanced dividend tax credits that reduce the income tax otherwise payable.
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