Which of the Following Types of Corporate Income Are Subject

question 5

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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