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Greg is a Canadian resident and is also a shareholder in a Swedish corporation. The corporation pays the shareholder a dividend of Canadian $5,500 and
Greg is a Canadian resident and is also a shareholder in a Swedish corporation. The corporation pays the shareholder a dividend of Canadian $5,500 and withholds Swedish taxes of Canadian $1,800.
How much of the dividend will Greg include in his Canadian taxable income?
A: $3,700
B: $5,500
C: $7,300
D: $0
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