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Corporations: a) File their own separate T2 corporate tax return b) Do not pay taxes as all corporate earnings will be taxed under personal tax

Corporations: a) File their own separate T2 corporate tax return b) Do not pay taxes as all corporate earnings will be taxed under personal tax rates once the earnings are distributed to the owners c) Enable owners to claim personal expenses to reduce corporate income tax Od) Require all owners to claim a percentage of the corporate net income under their own T1 tax return e) None of the above

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