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Each of George's three daughters received a $500 dividend cheque. The dividends were paid on shares of IBM Ltd. a taxable Canadian public corporation. George

Each of George's three daughters received a $500 dividend cheque. The dividends were paid on shares of IBM Ltd. a taxable Canadian public corporation. George had given the shares of IBM shares to his daughters as birthday presents in 2019. If any, what should be included on George's Taxable income after deducting Division C deductions for 2020? Or is this non-taxable?

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