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