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Listen An investor is in a 29% marginal tax bracket, and receives $200 in dividends from Canadian corporation. How much tax must they pay on

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Listen An investor is in a 29% marginal tax bracket, and receives $200 in dividends from Canadian corporation. How much tax must they pay on the dividend? (Assume a 38% gross-up, the dividend tax credit is 25% and the foreign withholding tax is 15%). a) $0 b) $11.04 Oc) None of the other answers is correct. d) $80.04 Previous Page Next Page Page 26 of

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