The dividends paid by a corporation a. to an individual become taxable income of that individual...

The dividends paid by a corporation

	a.	to an individual become taxable income of that individual
	b.	are tax-deductible, i.e., reduce the taxable income of the corporation
	c.	to another corporation receive preferential tax treatment (70% tax exclusion)
	d.	a and c

Expert Solution

Option D is correct. To individuals, dividends are taxable and to corporations, they receive preferential tax treatment.

jeff jeffy answered 2 years ago

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