Which of the Following Types of Corporate Income Are Subject

question 3

Multiple Choice

Which of the following types of corporate income are subject to the special refundable tax of 10 2/3%, and a tax reduction of 30 2/3% upon distribution of the income to shareholders?

• A) Business income and net property income.
• B) Specified investment business income and dividend income.
• C) Specified investment business income and taxable capital gains.
• D) Dividend income and net taxable capital gains.

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Definitions:

Job Applicants

Individuals who apply for a specific job position, expressing interest in employment with a company or organization.

Loyalty Programs

Marketing initiatives designed to reward and thereby retain customers by offering benefits (such as points, discounts, or rewards) for frequent purchases or engagement.

Reward Programs

Loyalty schemes designed by businesses to incentivize and retain customers by offering them benefits for repeated purchases or engagements.

Sales Promotion

A marketing strategy involving the use of short-term incentives to encourage the purchase or sale of a product or service.