Which of the Following Statements Is True

question 5

Multiple Choice

Which of the following statements is true?

• A)Dividends paid by a corporation are deductible by that corporation and are a form of property income for the recipient.
• B)Dividends paid by a corporation are deductible by that corporation and are a form of business income for the recipient.
• C)Dividends paid by a corporation are not deductible by that corporation and are a form of business income for the recipient.
• D)Dividends paid by a corporation are not deductible by that corporation and are a form of property income for the recipient.