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The refundable Part IV tax on dividends received is required in order to: A) prevent tax deferral in situations where there are multiple levels of

The refundable Part IV tax on dividends received is required in order to: A) prevent tax deferral in situations where there are multiple levels of corporations in a corporate group. B) avoid double taxation of dividends paid to corporate shareholders. C) ensure proper integration on investment income at the corporate level. D) ensure that public companies pay out some dividends in every year they are profitable

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