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Which of the following types of corporate income are subject to the special refundable tax of 10 2/3% and a tax reduction of 30 2/3%
Which of the following types of corporate income are subject to the special refundable tax of 10 2/3% and a tax reduction of 30 2/3% upon distribution of the income to shareholders?
Multiple Choice
A. Business income and net property income
B. Specified investment business income and dividend income
C. Specified investment business income and taxable capital gains
D. Dividend income and net taxable capital gains
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