AB Inc Received a Dividend from CD Corporation and Is Able

question 48

Short Answer

AB Inc. received a dividend from CD Corporation and is able to claim a dividends received deduction without limitation. AB owns 10 percent of CD. What is AB's marginal tax rate (to the nearest tenth of a percent) on the dividends received (after taking the DRD into account)?

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Stroke

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The mental ability for learning, thinking, reasoning, problem-solving, decision-making, remembering, and paying attention.