Which of the following would be considered an other than eligible dividend (i.e. a non-eligible dividend)?

Choose the correct answer.

A.

A dividend from a Canadian-controlled private corporation(CCPC) which was paid out of income in the CCPC that was subject to low corporate income tax rates.

B.

A dividend from a non-CCPC which was paid out of income in the corporation that was subject to the full corporate income tax rates.

C.

A dividend from a Canadian-controlled private corporation(CCPC) which was paid out of income in the CCPC that was subject to the full corporate income tax rates.

D.

A dividend from a Canadian-controlled private corporation(CCPC) which was paid out of eligible dividends received by the CCPC.