Dividends received from other corporations are taxed as ordinary income. C Corporations are allowed a Dividends Received Deduction $($DRD$)$ that reduce the actual taxes paid on the dividend if they are a domestic corporation. What would the DRD be for a corporation owning $35\%$ stock in the corporation paying the dividend?

$100\%$

$65\%$

$50\%$

$0\%$