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. Which of the following statements is correct? A.Public and private corporations are eligible for the general rate reduction. B.All private corporations are eligible for

. Which of the following statements is correct?

A.Public and private corporations are eligible for the general rate reduction.

B.All private corporations are eligible for the small business deduction.

C.Canadian controlled public and private corporations are eligible for the small business deduction.

D.If a corporation claims the small business deduction, it cannot claim the general rate deduction.

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