Why is it necessary for corporation to designato dividends that they pay as eligible dividends which are eligible for the enhanced gross up and dividend tax credit procedure? O Some Canadian Controlled Private Corporations have some portion of their income taxed at full rates while some non Canadian Controlled Private Corporations will pay dividends out of income that has been taxed at lower rates O B. Most Canadian Controlled Private Corporations have all of their income taxed at low rates, and some non-Canadian Controlled Private Corporations have only income that is taxed at lower rates OC. Some non-Canadian Controlled Private Corporations have income taxed at lower rates. OD. All companies always have some portion of their income taxed at full rates