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Which of the following best describes the dividend gross-up? A: a credit against taxes payable for individuals who earned dividend income from a Canadian corporation
Which of the following best describes the dividend gross-up?
A: a credit against taxes payable for individuals who earned dividend income from a Canadian corporation during the taxation year
B: an increase of the taxable amount of dividend income, calculated by multiplying the actual dividend amount by a certain fraction
C: a deduction against property income for individuals who received specified types of dividends
D: an inflation of taxes payable for corporations that pay significant dividends
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