A1.2c

AP 13-3 (Dividend Refund) Case 1 International Trading Company is a CCPC with a calendarbased taxation year end. On Dece 2022, it ha During the 2022 taxation year, the corporation paid taxable dividends of $250,000. The con would like to maximize the amount of this dividend that is designated as eligible irrespe whether it results in a dividend refund. Determine the amounts for the corporation's 2022 dividend refund on both eligible ar eligble dividends. If the corporation had wanted to maximize its dividend refund while designating the ma eligible dividend, what would the results have been? Case 2 Amadeus Ltd, is a CCPC with a calendarbased taxation year end. On December 31, 2022, the following acoount balances: In 2022, the corporation paid taxable dividends of $500,000. It is the policy of the corporat designate dividends as eligible only to the extent that a dividend refund is available. Determine the amounts of the corporation's 2022 dividend refund on both eligible dividands non-eligible dividends paid