Question 4 (0.5 points) With respect to residency of corporations, which of the following is correct? The determination of residency for corporations is usually more complex than determining residency for individuals. Corporations that are incorporated in Canada are considered residents of Canada regardless of where the controlling shareholders reside. Corporations that are incorporated in Canada are considered residents of Canada only if the controlling shareholders reside in Canada. Corporations that are incorporated in Canada will be classified as non-resident if the controlling shareholders reside in a foreign jurisdiction