In most cases, what would be the tax treatment of dividends received by a Canadian corporation from another Canadian corporation?

Multiple Choice

A. Added to net income.

B. Added to net income and then subtracted when calculating taxable income.

C. Added to net income and then subtracted when calculating taxable income, so long as the receiving corporation has at least a 10% voting equity investment in the corporation paying the dividend.

D. Grossed-up by 16% or 38%, depending on the tax rate paid by the paying corporation, and added to net income.