Alpha owns 15 percent of Omega Corporation What tax benefit does ALPHA derive from this situation? Multiple Choice Alpha recetves no tex benefit but Omega i taxed on only 30 percent of its net income Alphe is eble to treat eny Omega dividends it receives as interest income Fifty percent of the dividends paid by Omega to Alpha is evempt bom income tanes O Aphe can exclude 30 percent of any Omegs dividends received trom its tasable income Al dividend income Alpha receives from Ornega is tax-exempt