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Which one of the following statements is correct regarding various types of investors? Multiple Choice Corporations can exclude at least 70 percent of both their
Which one of the following statements is correct regarding various types of investors?
Multiple Choice
Corporations can exclude at least 70 percent of both their dividend income and capital gains from taxes.
Taxpayers in high tax brackets tend to prefer dividends over capital gains.
Pension funds pay taxes on capital gains but not on dividends.
Pension funds are taxed at a low rate of 10 percent on both dividends and capital gains.
Corporations can exclude at least 70 percent of their dividend income from taxes.
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