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When a CCPC has a single owner, from a tax standpoint ________. Choose the correct answer. A. the lowest tax cost method of distributing earnings

When a CCPC has a single owner, from a tax standpoint ________.

Choose the correct answer.

A.

the lowest tax cost method of distributing earnings will depend largely on provincial tax policies

B.

less taxes are paid when earnings are distributed as salary

C.

less taxes are paid when earnings are distributed as dividends

D.

the lowest tax cost is usually achieved by distributing earnings as a combination of salary and dividends

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