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Pls. Answer fast, i don't have time pls. Pls. Pls. I'll get you 5 thumbs up. Pls. Answer according to canadaian tax rules. Pls. As
Pls. Answer fast, i don't have time pls. Pls. Pls. I'll get you 5 thumbs up. Pls. Answer according to canadaian tax rules. Pls. As soon as possible
With respect to General Rate Income Pool (GRIP) and Low Rate Income Pool (LRIP) balances, which of the following statements is NOT correct? OA. A Canadian Controlled Private Corporation's General Rate Income Pool account is increased by the amount of eligible dividends received during the current year O B. A public company's Low Rate Income Pool account is increased by the amount of non-eligible dividends received. OC. A Canadian Controlled Private Corporation's General Rate Income Pool account is increased by 72 percent of the company's Taxable income OD. A Canadian Controlled Private Corporation's General Rate Income Pool account is reduced by the amount of eligible dividends designated in the preceding taxation yearStep by Step Solution
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