With respect to the gross up and tax credit mechanism that applies to taxable dividends from taxable Canadian$$ corporations, which of the following statements is NOT$$ correct?

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Part $1$

A$.$

The amount of the gross up depends on whether the dividend is eligible or$$ non$-$eligible.

B$.$

The gross up is intended to adjust the taxable amount of the dividend to the$$ pre$-$tax corporate income that funded the dividend payment.

C$.$

The federal dividend tax credit is always equal to$6/11$ of the gross up$.$

D$.$

The dividend tax credit is intended to compensate the shareholder for the corporate income tax that was paid.