A Corporate Shareholder That Receives a Constructive Dividend Cannot Apply

question 66

True/False

A corporate shareholder that receives a constructive dividend cannot apply a dividends received deduction to the distribution.

---

Definitions:

Taste Receptor

Chemoreceptor involved in the sense of taste.

Detects

To discover or identify the presence or existence of something.

Carnivores

Animals that primarily eat other animals for food.

Sensory Adaptation

Slowing or cessation of a sensory receptor’s response to an ongoing stimulus.