Joan Barts owns all of the outstanding shares of Barts Ltd., a Canadian-Controlled Private Corporations that is carrying on an active business. She would prefer to pay herself salary instead of dividends if the corporation _______.

A.

has Taxable Income in excess of $500,000

B.

is located in a province with a low corporate tax rate

C.

has a large Refundable Tax Dividend on Hand balance

D.

is located in a province with a high dividend tax credit