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If a corporation has a LRIP ( low - rate income pool ) , _ _ _ _ _ _ _ _ . Question content

If a corporation has a LRIP(low-rate income pool),________.
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Part 1
A.
dividends declared by the corporation will be designated as other than eligible dividends until the LRIP balance is exhausted
B.
the corporation's taxable income will be taxed at a lower corporate rate until the LRIP is exhausted
C.
the corporation's taxable income will be taxed at a higher corporate rate until the LRIP is exhausted
D.
dividends declared by the corporation will be designated as eligible dividends until the LRIP balance is exhausted

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