An investor can achieve a tax deferral on portfolio dividends received from public corporation shares if those shares are owned by his or her private corporation Is this statement true Explain ...

Dividends received by a CCPC are not subject to normal corporate rates of tax because th ...

An investor can achieve a tax deferral on portfolio dividends received from public corporation shares if those

Question:

“An investor can achieve a tax deferral on dividends received from public shares if those shares are owned by his or her private Is this statement true? Explain.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...